Problem 13-4 (Part Level Submission) The following financial information is for Ivanhoe Company. IVANHOE COMPANY Balance Sheets December 31 2017 2016 Assets Cash Debt investments (short-term) Accounts receivable Inventory Prepaid expenses Land Building and equipment (net) Total assets Liabilities and Stockholders' Equity Notes payable Accounts payablee Accrued liabilities Bonds payable, due 2020 Common stock, $10 par Retained earnings Total liabilities and stockholders' equity $ 71,000 $66,000 40,000 91,000 233,000 165,000 27,000 130,000 130,000 259,000184,000 $880,000 $703,000 52,000 110,000 25,000 $171,000 $110,000 53,000 39,000 249,000169,000 207,000207,000 146,000 125,000 $703,000 68,000 39,000 $880,000 IVANHOE COMPANY