The Halifax Technology Corporation (HTC) financial statements follow: (Click the icon to view the consolidated balance sheets.) B (Click the icon to view the consolidated income statements.) During 2020, HTC's total assets BRRRRR A. increased by $9,390 million B. increased by 49.9% C. did both a and b. D. increased by 33.3% - Consolidated balance sheets Halifax Technology Corporation Consolidated Statements of Financial Position Kin millions) December 31, 2020 2019 Assets Current assets: 3.993 Cash and cash equivalents 4,100 $ 845 410 Short-term investments 4,000 2.100 Accounts receivable, net 331 Inventories 316 1,300 2 400 Other 11.676 8.119 Total current assets 1,700 750 Property, plant, and equipment, net Investments 6.900 550 4.700 320 Other non-current assets $ 20,826 $ 13,889 Total assets Liabilities and Shareholders' Equity Current liabilities: Accounts payable S 7,200 $ 3,200 5,500 2.900 Accrued and other 10,400 8,400 Total current liabilities 505 506 Long-term debt 2,200 1,600 Other non-current liabilities Commitments and contingent liabilities 13,105 10,506 Total liabilities Shareholders' equity: 280 1,900 Preferred shares; shares issued: 0 Common shares; shares authorized: 20,000; shares issued: 15,888 and 2,540, respectively Retained earnings Other comprehensive loss 7.582 1,577 (27) (81) (60) (67) Other 7,721 3.383 Total shareholders equity S. 20.826 S 13,889 Total liabilities and shareholders' equity Consolidated income statements Halifax Technology Corporation Consolidated Statements of Income (in millions, except per share amounts) Years Ended December 31, 2020 2019 2018 44.000 $ 37 000 $ Net revenue 33 000 22,000 30.000 25,000 Cost of goods sold 14.000 12,000 11,000 Gross profit Operating expenses: Selling, general, and administrative Research, development, and engineering 3.350 2.600 2,500 900 750 402 482 Special charges 4.250 3.350 3,384 Total operating expenses Operating income 9.750 8,650 7,616 (53) 90 253 Investment and other income (loss), net 9.840 8,903 7,563 Income before income taxes 9.840 8.903 7.563 Income before income taxes 900 900 460 Income tax expense $ 8.940||$ 8.003||$ 7.103 Net income Earnings per common share: 0.97 $ 0.80||$ 0.50 Basic