Required Information [The following information applies to the questions displayed below.) Comparative financial statements for Weaver Company follow: Part 1 of 2 Weaver Company Comparative Balance Sheet at December 31 This Year Last Year points $ Skipped 5 306 156 San $ 12 229 195 vi u Roll 442 426 (70) 356 35 $833 eBook 29 S 924 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Long-term investments Total assets Liabilities and Stockholders' Equity Accounts payable Accrued liabilities Income taxes payable Total current liabilities Bonds payable Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity References $ 302 $ 224 444 368 S833 Weaver Company Income Statement For This Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items : Gain on sale of investments Loss on sale of equipment Income before taxes Income taxes Net income "KEL