Kramerica Industries (KI) 2016 Income Statement Sales Cost of goods sold Depreciation $565,200 398,758 54,576 Earnings before interest and taxes Earnings before taxes Net income Interest expense 19,296 31,474 l axes 30,326 Dividends Additions to retained earnings Kramerica Industries (KI) 2015 and 2016 Balance Sheets 2015 2016 2015 2016 $10,512 Cash Accounts receivable Inventor Net fixed assets $13,320 18,994 $9,504 14,508 $14,306 Accounts payable 21,099 Notes payable 22,754Long-term debt 16,466 13,794 344,426 136,800 125,000 152,000 150,000 406.311Common stock Retained earnings Total assets $390,534