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Kids R Kids Company Selected data from the comparative financial statements are provided below: Kids R Kids Company Balance Sheet Accounts (all accounts have normal

Kids R Kids Company Selected data from the comparative financial statements are provided below:

Kids R Kids Company
Balance Sheet Accounts
(all accounts have normal balances)
(in thousands)
December 31,
2013 2012
Accounts payable and Accrued expenses $3,141 $3,249
Accrued income taxes 1,037 1,056
Accumulated depreciation 2,016 2,028
Buildings 1,507 1,535
Cash and cash equivalents 1,648 1,737
Common stock 865 861
Containers 124 157
Current maturities of long-term debt 3 397
Deferred income taxes (long-term liability) 424 426
Goodwill and other intangible assets 547 668
Inventories 890 959
Land 19 183
Loans payable (short-term) 4,459 2,677
Long-term investments 8,549 6,501
Machinery & equipment 3,855 3,896
Marketable securities 159 106
Other long-term liabilities 991 1,001
Other fixed assets 21,952 20,919
Retained earnings 7,608 6,773
Trade accounts receivable 1,666 1,639

Kids R Kids Company
Income Statement
Selected amounts
(in thousands)
Year ended December 31,
2013 2012
Net sales $18,813 $18,868
Interest expense (all paid with cash) 277 258
Income before income taxes 5,198 6,055
Income taxes 1,665 1,926
Net income 3,533 4,129

Kids R Kids Company
Statement of Cash Flows
Selected amounts
(in thousands)
Year ended December 31,
2013 2012
Net cash provided by operating activities $3,433 $4,033
Financing activities:
Cash dividends paid (1,480) (1,387)
Purchase of treasury stock (1,563) (1,262)
Issuance of debt 1,818 155
Repayment of long-term debt (410) (751)
Issuances of stock 302 150

Refer to Kids R Kids Company. The total long-term liabilities at December 31, 2013, are (in thousands):

$______________

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