The condensed statements of Independent Auto Inc. follow: Independent Auto Inc. Income Statement ($000) For Years Ended December 31 2020 $210, 300 125, 509 $ 84,791 $ 29,722 19,241 $ 48, 763 $ 36,028 6, 888 29,140 Independent Auto Inc. Balance Sheet ($000) December 31 2020 $ 35,486 66,100 $101,586 $ 14,915 59,800 26,871 $101,586 Net sales Cost of goods sold Gross profit from sales Selling expenses Administrative expenses Total operating expenses Profit before taxes Income taxes Profit 2019 $193,500 119,775 $ 73,725 $ 26, 740 27,965 $ 53,805 $ 19,920 6,272 $ 13,648 2018 $168, 300 106,503 $ 61,797 $ 22,271 13,939 $. 36, 210 $ 25, 587 5, 338 $ 20,249 2019 $28,097 660 70,300 $99,057 $14, 747 59,800 24,510 $99,057 2018 $37, 004 3,379 43,000 $83,383 $14,411 45,100 23,872 $83,383 Assets Current assets Non-strategic investments Plant and equipment, net Total assets Liabilities and Equity Current liabilities Common shares R