The financial statements of Hainz Company appear below HAINZ COMPANY Comparative Balance Sheet December 31, Assets Cash... Short-term investments Accounts receivable (net)... Inventory Property, plant and equipment (net) $ 40,000 60,000 30,000 0,000 260,000 300000 400.000 $500.000 20,000 20,000 40,000 60,000 ... Total assets... Liabilities and stockholders' equity Accounts payable Short-term notes payable. Bonds payable. $ 20,000 40,000 80,000 150,000 30,000 90,000 160,000 150,000 Common stock Retained earnings Total liabilities and stockholders' equity. $400,000 $500.000 HAINZ COMPANY Income Statement For the Year Ended December 31, 2017 $400,000 t sales Cost of goods sold. Gross profit. Expenses 250,000 150,000 Operating expenses Interest expense $42,000 18,000 Total expenses 90,000 ncome before income taxes... ncome tax expense et income $ 63.000 Weighted-average number of shares of common stock outstanding during 2017 was 30.0 shares Cash dividends of $23,000 were declared and paid in 2017 Market value of common stock on December 31, 2017, was $21 per share