The following financial statements apply to Robin Company 2015 Revenues Net sales Other revenues $211,100 $176,500 5,000 8,100 Total revenues 219,200 181,500 Expenses Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax exp 125,200 102,600 17,300 9,800 2,900 17,300 19,300 10,800 2,900 20,400 ense Total expenses 178,600 149,900 Earnings from continuing operations 31,600 before extraordinary items Extraordinary gain (net of $2,900 tax) 40,600 2,500 Net income $ 43,100 31,600 Assets Current assets Cash Marketable securities Accounts receivable Inventories Prepaid expenses $ 5,600 1,600 36,900 101,900 4,600 7,200 1,600 30,100 95,100 3,600 Total current assets 137,600 106,000 106,000 150,600 Plant and equipment (net) Intangibles 21,300 Total assets $277,900 $243,600 Liabilities and Stockholders' Equity Liabilities Current liabilities Accounts payable Other $ 39,600 55,200 15,300 16,100 55,700 64,500 70,500 65,500 Total current liabilities Bonds payable Total liabilities Stockholders' equity 120,200 136,000 Common stock (47,000 shares) Retained earnings 114,600 43,100 114,600 (7,000) 107,600 $277,900 $243,600 Total stockholders' equity 157,700 Total liabilities and stockholders' equity