Required information The following information applies to the questions displayed below.] Given below are comparative balance sheets and an income statement for Namekagon Corporation Nanekagon Corporation Balance Sheets 2818 Dec. 31 an. 1 s15,600 15,680 46,88037,700 36,400 66,300 $152,100 $156,008 28,600 3,980 14,30014,380 72,880 209 36,408 $152,100 $156,000 Cash Accounts receivable Inventory Equipment (net) 32,500 57,200 26,800 7,800 Accounts payable Dividends payable Long-tern note payable Capital stock, $s par Retained earnings 72,800 31,200 Namekagon Corporation Income Statement For the year ended 2818 228,88e (137,548) $ 91,26e Sales Cost of goods sold Gross profit on sales Operating expenses Operating income Interest expense Net income (75,868) $ 15,392 (9,100) $6,292 Prey 3 of 15 Next Next >