UNITED BRANDS CORPORATION Comparative Balance Sheets December 31, 2018and 2017 S In millions) Assets Cash Accounts recelvable Short-term Investments Inventory Prepald Insurance Land Buldings and equipment Less: Accumulated deprecilation 2017 s 20 2018 $ 29 32 12 46 60 80 81 75 $221 $ 20 $267 Liabilities Accounts payable Salaries payable Income tax payable Notes payable Bonds payable Less: Discount on bonds 26 20 35 50 Shareholders' Equity Common stock 130 29 19 100 20 25 Pald-In caplital-excess of par Retalned earnings $267 $221 Income Statement Revenues Sales revenue $100 Investment revenue Gain on sale of land $111 Expenses Cost of goods sold Salaries expense Depreclation expense Bond Interest expense nsurance expense oss on sale of equipment come tax expense et income 60 13 $ 12 UNITED BRANDS CORPORATION Comparative Balance Sheets December 31, 2018and 2017 S In millions) Assets Cash Accounts recelvable Short-term Investments Inventory Prepald Insurance Land Buldings and equipment Less: Accumulated deprecilation 2017 s 20 2018 $ 29 32 12 46 60 80 81 75 $221 $ 20 $267 Liabilities Accounts payable Salaries payable Income tax payable Notes payable Bonds payable Less: Discount on bonds 26 20 35 50 Shareholders' Equity Common stock 130 29 19 100 20 25 Pald-In caplital-excess of par Retalned earnings $267 $221 Income Statement Revenues Sales revenue $100 Investment revenue Gain on sale of land $111 Expenses Cost of goods sold Salaries expense Depreclation expense Bond Interest expense nsurance expense oss on sale of equipment come tax expense et income 60 13 $ 12