Hyrkas Corporation's most recent balance sheet and income statement appear below

Hyrkas Corporation's most recent balance sheet and income statement appear below: Balance Sheet December 31, Year 2 and Year 1 (in thousands of dollars) Year 2 Year 1 Assets Current assets: Cash Accounts receivable, net Inventory Prepaid expenses 400 370 20 1,030 1,300 $2,330 $ 240 370 420 340 20 1,150 1,460 Total current assets Plant and equipment, net Total assets $2,610 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $340 370 50 40 460 585 1,045 50 40 430 330 760 Accrued liabilities Notes payable, short term Total c Bonds payable Total liabilities Stockholders' equity: urrent liabilities Common stock, $2 par value Additional paid-in capital Retained earnings 200 330 1,035 1,565 $2,330 $2,610 200 330 1,040 1,570 Total stockholders' equity Total liabilities&stockholders' equity Income Statement For the Year Ended December 31, Year 2 (in thousands of dollars) Sales (all on account) Cost of goods sold Gross margin $1,600 1,030 570