The comparative statements of financial position of Mikos Inc. as at December 31, 2017 and 2018, and its statement of earnings for the year ended December 31, 2018, are presented below: MIKOS INC. Comparative Statements of Financial Position December 31 2018 2017 Assets Cash $ 9,100 $ 17,100 Short-term investments 46,700 21,300 Accounts receivable 68,500 26,400 Inventories, at cost 54,200 40,100 Prepaid expenses 4,100 6,200 Land 45,400 70,500 179,500 Property, plant, and equipment, net 280,400 28,200 Intangible assets 24,100 $532,500 $1 389,300 Liabilities and Shareholders' Equity Accounts payable $ 17,100 $40,200 Income tax payable 6,200 1,100 Accrued liabilities 10,100 -0- 152,000 Long-term notes payable 111,000 60,500 Contributed capital 202,000 135,500 Retained earnings 186,100 $532,500 $ 389,300