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Condensed financial data of Cullumber Company for 2017 and 2016 are presented below. CULLUMBER COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2017 AND 2016 2017 Cash Receivables Inventory Plant assets Accumulated depreciation Long-term investments (held-to-maturity) 2016 $1,770 $1,170 1,300 1,570 1,880 1,710 1,780 1,870 (1,210) (1,190) 1,290 1,430 $7,070 $6,300 Accounts payable Accrued liabilities Bonds payable Common stock Retained earnings $900 250 1,580 1,730 1,840 $7,070 $6,300 $1,200 200 1,430 1,860 2,380 CULLUMBER COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2017