Flored assets. Use the data from the following financial statements in the popup window What are the net foxed assets for the years 2016 and 20177 The net fixed assets for the year 2016 is $ The net fixed assets for the year 2017 is $ (Round to the nearest dollar) (Round to the nearest dollar) Enter your answer in each of the answer boxes. is $ (Round is $ (Round (Click on the following loon in order to copy its contents into a spreadsheet) Partial Income Statement Year Ending 2017 Sales revenue $350,000 Cost of goods sold $140,000 Food costs S43,000 Selling, general and administrative expenses $28,000 Depreciation $46,000 (Click on the following loon in order to copy its contents into a spreadsheet) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,000 Notes payable Accounts receivable $28.000 Accounts payable inventories $48,000 Long-term debt Fixed so $368,000 OWNERS' EQUITY Accumulated depreciation (-) $142,000 Retained earnings Intangible assets $82,000 Common stock $14,000 $19,000 $190,000 $47.000 $130,000 (Cick on the following icon in order to copy its contents into a spreadsheet) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES er boxes Print Done Deprecauon 340,000 (Round (Click on the folowing icon in order to copy its contes a spreadsheet.) Partial Balance Shoot 12/31/2016 ASSETS LIABILITIES Cash $16,000 inos payable Accounts receivable $28.000 Accounts payable Inventories $48,000 Long-term debt Fixed assets $368,000 OWNERS' EQUITY Accumulated depreciation (-) $142,000 Retained earnings Intangible assets $82,000 Common stock $14.000 $19.000 $190,000 $47,000 $130,000 (Click on the following icon in order to copy its contents into a spreadsheet) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $26.000 Notes payable Accounts receivable $19,000 Accounts payable Inventories $53,000 Long-term debt Fixed assets $448,000 OWNERS' EQUITY Accumulated depreciation (-) Retained earnings Intangible assets 582,000 Common stock $12,000 $24,000 $162,000 $62,000 $180,000 oxes Print Done