TUIT INC Comparative Statement of Financial Position December 31 2012 2016 $ 25.000 51.000 60.000 Accounts receive Investory Parent Et Recumulated depreciation Goodwill 58.000 0.000 5.000 154.000 35.000 20.000 Accounts payable Income tax payable Salaries and wages poble Short term loans payable Long tomas Daybre Common shares Retained rings $45.000 4000 8.000 8.000 60.000 330.000 $235.625 130,000 05.000 3355.000 $ 40.000 6,000 4,000 10.000 69.000 130.000 36,000 $295.000 TUIT INC Income Statement Year Ending December 31, 2017 Sales revenue Cost of goods sold Operating expenses Operating income Interest expense $11.400 Impamentos-goodwill 30.000 Gan we of Income before income ta Income tax expense Netcome $238 150 155.000 173.150 120.000 SL150 29.400 13.250 4 125 Additional information 1. Dividends on comme shares in the amount of 56,000 were dead and paid during 2017 2. Depreciation expense is included in operating expenses listages expense of SR.000 3. Fquipettent with a cost of $20,000 that was 70% depreciated wa waka 2017 TUIT INC Comparative Statement of Financial Position December 31 2012 2016 $ 25.000 51.000 60.000 Accounts receive Investory Parent Et Recumulated depreciation Goodwill 58.000 0.000 5.000 154.000 35.000 20.000 Accounts payable Income tax payable Salaries and wages poble Short term loans payable Long tomas Daybre Common shares Retained rings $45.000 4000 8.000 8.000 60.000 330.000 $235.625 130,000 05.000 3355.000 $ 40.000 6,000 4,000 10.000 69.000 130.000 36,000 $295.000 TUIT INC Income Statement Year Ending December 31, 2017 Sales revenue Cost of goods sold Operating expenses Operating income Interest expense $11.400 Impamentos-goodwill 30.000 Gan we of Income before income ta Income tax expense Netcome $238 150 155.000 173.150 120.000 SL150 29.400 13.250 4 125 Additional information 1. Dividends on comme shares in the amount of 56,000 were dead and paid during 2017 2. Depreciation expense is included in operating expenses listages expense of SR.000 3. Fquipettent with a cost of $20,000 that was 70% depreciated wa waka 2017