The condensed financial statements of Cullumber Company for the years 2016 and 2017 are presented below. CULLUMBER COMPANY Balance Sheets December 31 (in thousands) 2017 2016 Current assets Cash and cash equivalents $330 $360 Accounts receivable (net) 560 490 Inventory 510 440 Prepaid expenses 130 160 Total current assets 1,530 1,450 Property, plant, and equipment (net) 410 380 Investments 100 100 Intangibles and other assets 530 510 Total assets $2,570 $2,440 Current liabilities $910 $880 Long-term liabilities 530 430 Stockholders' onuity-common 1130 1130