The comparative balance sheets for 2016 and 2015 and the statement of income for 2016 are given below for Dux Company. Additional information from Duo's accounting records is provided also. DUX COMPANY Comparative Balance Sheets December 31, 2016 and 2015 in 000s) 2016 2015 Assets Cash 77 33 47 60 Accounts receivable Dividends receivable Inventory 65 60 40 36 Long-term investment 70 50 Land Buildings and equipment 277 280 Less: Accumulated depreciation (45) (70) 534 451 Liabilities 34 56 Accounts payable Salaries payable Interest payable Income tax payable 20 Notes payable Bonds payable 110 85 Less: Discount on bonds (3) (4) Shareholders' Equity 210 200 Common stock Paid-in capital excess of par 24 20 131 76 Retained earnings Less: Treasury stock (at cost) 534 451