w History Bookmarks Window Help newconnect. Chapter 3 ework Problem 3-31 DuPont Analysis (LG3-6) Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC. Balance Sheet as of Decenber 31, 2018 and 2017 tin millions of dollars) 2018 2017 2018 Liabilities and Equity Current 1iabilities Current assetai Cash and marketable securities 100 80 63 80 10-0 #84 Accrued vages and taxes Accounts payable Accounts receivable Inventory 91 371 217Notes payable Total 531 $357 Total $ 260 $25 Fixed assetsi Long-tern debes 320 $196 7 56 520 $371 Stockholders equity Gross plant and equipeent Less: Depreciation 121--7e_ Preferred stock (7 million shares) Common #tock and paid-in surplus 7 399 $30 (56 nillion shares) Net plant and equipment other long-term assets Retained earninga Total 4 343 Total Total assets $1,000$00 Total liabilities and equity 1,000$700 LAKE OF EGYPT KARINA. THC. Income statement for Years Ending December 31, 2018 and 2017 tin nillions of dollars 2018 2017 $ 650 let sales (all credit) Leas: Cost of goods sold Gross protits s 510 s 403