The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Wright Company. Additional information from Wright's accounting records is provided also.

WRIGHT DOM PANY Comparative Balance Sheets December 31, 2013 and 2017 ($ in thousands) 2018 Assets Cash $ 42 Aocounts receivable 73 Short-term investment 40 Inventory 75 Land 50 Buildings and equipment 550 Less: Accumulated depreciation [1 15) 715 Liabilities Aocounts payable 1; 28 Salaries payable Interest payable 5 Income tax payable 9 Notes payable Cl Bonds payable 160 Shareholders' Equity Common stock 250 Paid-in capitalexcess of par 126 Retained earnings 135 715 WRIGHT COMPANY Income Statement For Year Ended December 31. 2013 ($ in thousands) Revenues: Sales revenue Expenses: Cost of goods sold $130 Salaries expense 45 Depreciation expense 40 Interest expense 12 Loss on sale of land 3 Income tax expense 70 Net income 2017 $30 200 100 90 $575