Presented below are the financial statements of Splish Brothers Company. Splish Brothers Company Comparative Balance Sheets December 31 2016 Assets Cash Accounts receivable Inventory Property, plant, and equipment Accumulated depreciation Total 2017 75,950 43,400 43,400 60,760 130,200 169,260 (69,440) (52,080) 30,380 43,400 $240,870 $234,360 Liabilities and Stockholders' Equity Accounts payable Income taxes payable Bonds payable Common stock Retained earnings Total $ 41,230 32,550 17,360 71,610 30,380 82,460 $240,870 $%234,360 15,190 36,890 39,060 108,500 Splish Brothers Company Income Statement For the Year Ended December 31, 2017