T. P. Jarmon Company Balance Sheet for 12/31/2017 and 12/31/2018
Assets
	2017		2018
Cash	$15,000		$14,000
Marketable securities	6,000		6,200
Accounts receivable	42,000		33,000
Inventory	51,000		84,000
Prepaid rent	1,200		1,100
Total current assets	$115,200		$138,300
Net plant and equipment	$286,000		$270,000
Total assets	$401,200		$408,300
Liabilities and Equity
	2017		2018
Accounts payable	$48,000		$57,000
Accruals	6,000		5,000
Notes payable	15,000		13,000
Total current liabilities	$69,000		$75,000
Long-term debt	$160,000		$150,000
Common stockholders' equity	$172,200		$183,300
Total liabilities and equity	$401,200		$408,300

T. P. Jarmon Company Income Statement for Years Ended 12/31/2018
Sales			$600,000
Less cost of goods sold			460,000
Gross profit			$140,000
Operating and interest expenses
General and administrative	$30,000
Interest	10,000
Depreciation	30,000
Total operating and interest expenses			$70,000
Earnings before taxes			$70,000
Taxes			27,100
Net income available to common stockholders			$42,900
Cash dividends			31,800
Change in retained earnings			$11,100

b. Complete a statement of cash flows for the period.

c. Compute the changes in the balance sheets from 2017 to 2018.