The following are the financial statements for Nederland Consumer Products Company for the fiscal year ended September 30, 2011. Nederland Consumer Products Company Income Statement for the Fiscal Year Ended September 30, 2011 Net sales $ 58,980 Cost of goods sold 19,994 Gross margin $ 38,986 Marketing, research, administrative exp. 11,834 Depreciation 615 Operating income(loss) $ 26,537 Interest expense 589 Earnings(loss) before income taxes $ 25,948 Income taxes 7,961 Net earnings(loss) $ 17,987 Nederland Consumer Products Company Balance Sheet as of September 30, 2011 Assets: Liabilities and Stockholder's Equity: Cash and marketable securities $ 6,022 Accounts payable $ 3,788 Investment securities 503 Accrued and other liabilities 8,286 Accounts receivable 4,098 Taxes payable 2,554 Total inventories 4,539 Debt due within one year 7,550 Deferred income taxes 1,143 Prepaid expenses & other receivables 1,590 Total current assets $ 17,895 Total current liabilities $ 22,178 Property, plant, and equip., at cost 28,215 Long-term debt 12,135 Less: Accumulated depreciation 10,307 Deferred income taxes 2,378 Net plant and equipment $ 17,908 Other non-current liabilities 3,290 Net goodwill & other intangible assets 26,468 Total liabilities $ 39,981 Other non-current assets 2,090 Convertible Class A preferred stock 1,208 Common stock 1,719 Retained earnings 21,453 Total stockholders