Marketing Expense Research & Development Depreciation Expense EBIT Interest Expense income before Taxes $21000 Income Taxes (30% Rate) Net Income ASSETS Cash & Market Securities Receivables Inventories Total Current Assets Gross Plant & Equipment Less: Accumulated Depr. Net Plant & Equipment TOTAL ASSETS *Round up to $19,000 $100.000 $ Gratch's Frisbee Company Balance Sheet(s) Years Ended 2021 2021 5,000 $105,000 $140,000 $250,000 $255,000 $ 59,000 $196,000 $ 20,000 Liabilities & Equity Payables Short-term Bank L Accrued Liabilities Total Current Liab Long-term Dept Owners' Equity TOTAL LIABILITI