1. Ratio analysis for both years (2016 and 2017)
2. Common Size Analysis for I/S and B/S for both years
3. 

INCOME STATEMENTS: SALES $ 5,075,000 $ 4,821,250 COST OF GOODS SOLD 3,704,000 3,518,800 GROSS PROFIT 1,371,000 $ 1,302,450 OPERATING EXPENSES FIXED CASH OPERATING EXPENSES $ 650,000 $ 650,000 VARIABLE OPERATING EXPENSES 416,000 395,200 DEPRECIATION 152,000 152,000 TOTAL OPERATING EXPENSES 1,218,000 1,197,200 EARNINGS BEFORE INTEREST & TAXES $ 153,000 $ 105,250 INTEREST 93,000 66,000 EARNINGS BEFORE TAXES 60,000 39,250 TAXES 24,000 15,700 NET INCOME 36,000 23,550 LESS PREFERRED STOCKS DIVIDENDS 3,000 3,550 EARNINGS AVAILABLE FOR COMMON STOCKHOLDER $ 33,00 S 20,000 BALANCE SHEETS: ASSETS 2017 2016 CASH $ 125,000 $124,100 ACCOUNTS RECEIVABLE 805,556 763,900 MARKETABLE SECURITIES 225,000 200,000 INVENTORIES 475,625 563,445 TOTAL CURRENT ASSETS $ 1,631,181 1,651,445LAND BUILDING & EQUIPMENT LESS: ALLOWANCE FOR DEPRECIATION TOTAL FIXED ASSETS (NET) TOTAL ASSETS LIABILITIES ACCOUNTS PA YABLE NOTES PA YAHLE MORTGAGE - CURRENT PORTION TOTAL CURRENT LIABILITIES MORTGAGEDEBT- LONG TERM TOTAL LIABILITIES STOCKIIOLDERS' EQUITY COMMON STOCKS PAID IN CAPITAL RETAINED EARNINGS TOTAL STOCKHOLDERS' EQUITY TOTAL LIABILITIES & STOCKHOLDERS ' EQUITY S S S 3 1,493,818 1,300,000 500,000 2,793,818 5 4,424,999 230,000 41 1,000 75,000 s 716,000 1,565,250 M 650,000 493,749 1,000,000 2,143,749 _M 3 1,400,000 348,000 3 400,500 470,000 100,902 3 650,000 493,749 980,000 3 l,491,706 2,543,705 S 5,151 5 971,401 1,100,000 5 2,071,402 5 2,123,749 5 4 1951151