The comparative balance sheets for 2018 and 2017 and the income statement for 2018 are giv below for Arduous Company. Additional information from Arduous's accounting records is pro also. ARDUOUS COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in millions) 2018 2017 Assets Cash Accounts receivable Investment revenue receivable Inventory Prepaid insurance Long-term investment Land Buildings and equipment $118 $ 85 202 194 213 8 168 204 416 (100) 37 204 14 129 154 408 (128) 39 $ 1,268 $ 1,115 Less: Accumulated depreciation Patent Liabilities Accounts payable Salaries payable Bond interest payable Income tax payable Deferred income tax liability Notes payable Lease liability Bonds payable $54 $73 20 12 16 21 12 25 80 219 (26) 0 283 (34) Less: Discount on bonds Shareholders Equity Common stock Paid-in capital-excess of par Preferred stock Retained earnings Less: Treasury stock 414 89 434 79 278 (31) 229 $ 1,2681,115 ARDUOUS COMPANY ation.com/hm.tpx?todo c15SinglePrintView&singl. 3252709122995127&role student&pid-18150813 2888234241 1,9728417