Question (1): (14 marks) Selected financial data for Wilmington Corporation is present ed below Wilmington Corporation Balance Sheet As of December 31, 2017 Dec. 31, 2017 Dec. 31,2016 Current Asset Cash and cash equivalents Marketable securities Accounts receivable (net) S 576,843 166,106 258,387 424,493 55,369 S 305,088 187,064 289,100 391,135 25,509 85,029 1,282,925 Inventories id expenses Other current assets Total Current Assets 83,053 1,564,251 625,421 425,000 S2,333.346 lant and cqui Long-term investment Total Assets 1,384,217 568,003 S3,516,471 Current Liabilities Short-term borrowin Current portion of long-term debt Accounts payable Accrued liabilities Income taxes payable Total Current Liabilities S 306,376 155,000 254,111 273,658 S 170,419 168,000 286,257 166,983 178,911 970,570 97.735 1,086,880 Long-term debt Deferred income taxes Total Liabilities 500,000 15,017 801,897 300,000 262,404 $1,532,974 Common stock Additional paid-in capital Retained earnin Total Stockholders' Equity Total Liabilities and Stockholders' Equit S 425,250 356,450 932,874 714,574 S3,516,471 S 125,000 344.335 31,037 800,372 S2,333.346