The following two comparative balance sheets and statements of income are for XYZ Company for the years 2015-2017 CONSOLIDATED BALANCE SHEETS XYZ COMPANY 2017 2016 2015 Current assets Cash and cash equivalents $1,542 $851 $317 4,115 1,524 1,112 Deferred income taxes 456 Total current assets $9,519 15,239 Buildings Machinery 12,045 7,698 3,511 10,982 8,475 Total assets Liabilities and Stock- holders' Equity: Current liabilities Accounts payable Taxes payable Total current $48,885 $34,797$28,021 $4,112 $4,758 $4,655 $4,993 Long-term debt Deferred income taxes Stockholders' Equity Common stock Retained earnings Total abilities and 16,115 19,546 12,764 stockholders' equity 48885 $ 34797 28,021