Use the following Information to answer the next (2) questions: SPARKY Company Comparative Balance Sheets For the Years Ended 2017 and 2016 2017 2016 $ 3,100 S Cash Accounts Receivable Inventories Land Plant and Equipment Accumulated Depreciation(19,100) 3,300 8,500 27,000 55,000 3,000 8,000 22,000 40,000 (19,000) jec oni nd 017 Total Assets $77,800 ? $5,200 6,000 Accounts Payable Interest Payable Bonds Payable Common Stock APIC-C.S Retained Earnings def 1,900 10,000 16,000 12,000 32.700 0 d t its th not 12,000 8,000 29,000 Total Debt & Equity 77,800 ? Voi ur Additional Information: 1. Net Income for 2017 was $4,000