Partial Income Statement Year Ending 2017
Sales revenue	$350,100
Cost of goods sold	$141,800
Fixed costs	$43,000
Selling, general, and administrative expenses	$28,000
Depreciation	$45,800

Partial Balance Sheet 12/31/2016
ASSETS		LIABILITIES
Cash	$15,900	Notes payable	$13,900
Accounts receivable	$28,100	Accounts payable	$18,900
Inventories	$48,100	Long-term debt	$190,100
Fixed assets	$368,200	OWNERS' EQUITY
Accumulated depreciation (-)	$142,900	Retained earnings
Intangible assets	$82,000	Common stock	$131,800

ASSETS 2016:

EQUATIONS FOR

total current assets

total assets

LIABILITIES 2016

EQUATIONS FOR

total current liabilities

retained earnings

total liabilities and owners equity

Partial Balance Sheet 12/31/2017
ASSETS		LIABILITIES
Cash	$26,100	Notes payable	$11,800
Accounts receivable	$18,900	Accounts payable	$23,800
Inventories	$53,100	Long-term debt	$162,000
Fixed assets	$448,200	OWNERS' EQUITY
Accumulated depreciation (-)		Retained earnings
Intangible assets	$81,900	Common stock	$181,900

ASSETS 2017

EQUATIONS FOR

total current assets

accumulated

total assets

LIABILITIES 2017

EQUATIONS FOR

total current liabilities

retained earnings

total liabilities and owners equity