Refer the following table. Tia's Trampolines Inc. Comparative Balance Sheet Information November 30 (millions of $) 2020 2019 2018 Cash $ 218 $ 606 $ 631 Accounts receivable (net) 293 330 149 Plant and equipment (net) 1,459 1,660 1,956 Accounts payable 73 149 328 Long-term notes payable 978 1,298 1,458 Preferred shares 178 178 178 Common shares 658 658 658 Retained earnings 83 313 114 The preferred shares are $0.50, non-cumulative 80 million preferred and 320 million common shares were issued and outstanding during each year. Tia's Trampolines Inc. Income Statement For Year Ended November 30 (millions of $) 2020 2019 2018 Net sales $4,280 $6,600 $6,920 Cost of goods sold 2,834 4,458 4,682 Gross profit $1,446 $2,142 $2,238 Operating expenses: Depreciation expense $ 332 $ 332 $ 332 Other expenses 428 1,284 1,480 Total operating 760 1,616 1,812 expenses Profit from operations $ 686 $ 526 $ 426 Interest expense 94 113 123 Income tax expense 183 135 100 Profit $ 409 $ 278 $ 203 Refer the following table. Tia's Trampolines Inc. Comparative Balance Sheet Information November 30 (millions of $) 2020 2019 2018 Cash $ 218 $ 606 $ 631 Accounts receivable (net) 293 330 149 Plant and equipment (net) 1,459 1,660 1,956 Accounts payable 73 149 328 Long-term notes payable 978 1,298 1,458 Preferred shares 178 178 178 Common shares 658 658 658 Retained earnings 83 313 114 The preferred shares are $0.50, non-cumulative 80 million preferred and 320 million common shares were issued and outstanding during each year. Tia's Trampolines Inc. Income Statement For Year Ended November 30 (millions of $) 2020 2019 2018 Net sales $4,280 $6,600 $6,920 Cost of goods sold 2,834 4,458 4,682 Gross profit $1,446 $2,142 $2,238 Operating expenses: Depreciation expense $ 332 $ 332 $ 332 Other expenses 428 1,284 1,480 Total operating 760 1,616 1,812 expenses Profit from operations $ 686 $ 526 $ 426 Interest expense 94 113 123 Income tax expense 183 135 100 Profit $ 409 $ 278 $ 203