Using the following information for The Blazer Corporation, create the balance sheet AND income statement for 2017 and 2018. Show the complete statements in your submission. After completing the calculation of the financial statements, answer the following question about The Blazer Corporation.

1. Based on the financial statements, discuss some items that concern you or please you as a leader of Blazer. Why do these items please or concern you? o Requirements: Show the complete financial statements in your presentation. Your discussion of the two questions should use at least 250 words.

	2018	2017
Accounts payable	2776	4984
Accounts receivable, net	1049	1347
Accrued income tax payable	137	26
Accrued liabilities	1878	1641
Cash	1101	2240
Common Stock	31	31
Cost of goods sold	32275	29963
Current part of long-term debt	544	44
Depreciation	683	654
Goodwill	425	425
Income tax expense	818	609
Interest expense	75	72
Inventory	5209	4864
Investment and other income	49	34
Long term debt	1620	2025
Other assets	374	622
Other current assets	438	384
Property plant and equipment	2421	2293
Retained earnings	5678	4678
Sales	42151	39403
Selling, general and administrative expense	7349	6911
Short term investments	2032	1681
Unredeemed gift card liabilities	385	427