The Vancouver Technology Corporation (VTC) financial statements follow (Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated income statements.) During 2020, VTC's total assets O A increased by 32 3% B. increased by $8,355 million C. did both a and b D. increased by 24 4% December 31, 2020 2019 Assets $ 4,400 $ 4366 Current assets: Cash and cash equivalents Short-term investments Accounts receivable, net Inventories 450 835 3,800 2.500 318 341 2,300 Other 1 000 11 676 8 634 Total current assets Property, plant, and equipment, net Investments 1.450 6.500 570 1,150 5,200 280 Other non-current assets 20.196 15 264 Total assets Liabilities and Shareholders' Equity Current liabilities: Point Done $ $ 7,200 $ 3,800 6,200 2,700 Accounts payable Accrued and other Total current liabilities Long-term debt Other non-current liabilities Commitments and contingent liabilities 11,000 8.900 513 514 2.100 1,500 13,613 10,914 Total liabilities Shareholders' equity: Preferred shares shares issued 0 Common shares shares authorized 7000 shares issued 18,680 and 2.680, respectively Retained earnings Other comprehensive loss Other Total Shareholders' equity Total abilities and shareholders equity 200 6.426 (99) 1 900 2.544 (43) (51) 4.350 6,583 20.190S 15 264 Print Done i Consolidated income statements Consolidated Statements of Income (in millions, except per share amounts) Years Ended December 31, 2020 2019 2018 Net revenue 46,000 $ 29,500 16,500 35,500 $ 27,000 33,500 22,500 8,500 11,000 2,600 1,900 3,400 900 800 382 442 Cost of goods sold Gross profit Operating expenses: Selling general, and administrative Research, development, and engineering Special charges Total operating expenses Operating income Investment and other income (loss), net Income before income taxes Income tax expense 4,300 3.400 2,724 12,200 180 5,100 193 8,276 (68) 12,380 950 5,293 910 8.208 455 Print Done ZUZU ZUTY 2078 Net revenue $ 46,000 $ 29,500 35,500 $ 27,000 Cost of goods sold 33,500 22,500 11,000 16,500 8,500 3.400 2,600 1,900 900 800 382 442 Gross profit Operating expenses: Selling, general, and administrative Research, development, and engineering Special charges Total operating expenses Operating income Investment and other income (loss), net Income before income taxes Income tax expense 4.300 3,400 2,724 12,200 180 5,100 193 8.276 (68) 12,380 950 5,293 910 8 208 455 S 11.4305 4,383 $ 7.753 Net income Earnings per common share: Basic $ 1.07||$ 0.78 S 0.50 Print Done