The following information applies to the questions displayed below. Massa Company, which has been operating for three years, provides marketing consulting services worldwide for dot-com companies. You are a financial analyst assigned to report on the Massa management team's effectiveness at managing its assets efficiently. At the start of 2016 (its fourth year), Massa's T-account balances were as follows. Dollars are in thousands Assets CashAccounts ReceivableLong-Term Investments 4,200 8,500 6,500 Liabilities Accounts Payable Unearned Revenue Long-Term Notes Payable 2,100 4,800 1,200 Stockholders' Equity Common Stock ($.10 par value) Additional Paid-in Capital Retained Earnings 4,080 6,300 720 Revenues Interest Revenue Consulting Fee Revenue Expenses Utilities Expense Travel Expense Wages Expense Rent Expense