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Selected current year - end financial statements of Cabot Corporation follow. ( All sales were on credit; selected balance sheet amounts at December 3 1

Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $55,900; total assets, $229,400; common stock, $85,000; and retalned earnings, $29,414.)
\table[[\table[[CABOT COR],[Income 5]],stateme,ius],[For Current Year E,Ended [,December],[Sales,,$455,600
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