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value: 25.00 points Refer the following table Airspace Technologies Inc Comparative Balance Sheet Information November 30 (millions of $) 2017 2016 2015 S 72$ 23$35

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value: 25.00 points Refer the following table Airspace Technologies Inc Comparative Balance Sheet Information November 30 (millions of $) 2017 2016 2015 S 72$ 23$35 Cash Accounts receivable (net) Inventory Prepaid rent Plant and equipment (net) Accounts payable Accrued liabilities Income tax payable Preferred shares Common shares Retained earnings 121 203 47 199 239 47 823 827 830 107 95 131 23 131 131 251 251 609 565 251 607 Airspace Technologies Inc Income Statement For Year Ended November 30, 2017 (millions of $) 2017 $1,420 $ 1.204 Net sales Cost of goods sold Gross proft Operating expenses: Depreciation expense Other expenses 439 $ 909 765 $ 70$ 70 346 416 $337$ 349 48 $ 272 Total operating expenses Profit from operations Interest expense Income tax expense Profit $ 252

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