1. What are the companys assets, liabilities, and shareholder equity in Year n and n-1?
2. What story does the balance sheet tell about changes in short term investments from Year n-1 to Year n?
3. What story does the balance sheet tell about changes in notes payable from Year n-1 to Year n?
4. What is the companys net income in Year n and n-1?

\begin{tabular}{rlrrr} & & Year n & Year n-1 \\ \cline { 5 - 5 } 1 & Short-term investments & - & & 100 \\ 2 & Interest & 250 & & 100 \\ 3 & Depreciation and amortization & 350 & 700 \\ 4 & Common dividends & 500 & 500 \\ 5 & Cash & 550 & 500 \\ 6 & Accruals & 550 & 500 \\ 7 & Notes payable & 1,000 & \\ 8 & Accounts payable & 1,100 & \\ 9 & Long-term debt & 1,500 & 1,000 \\ 10 & Inventories & 1,650 & 1,000 \\ 11 & Accounts receivable & 2,750 & 1,500 \\ 12 & Common stock & 5,000 & 2,500 \\ 13 & Operating costs excluding depreciation & 9,000 & 4,000 \\ 14 & Sales & 10,000 & 9,500 \\ 15 & Tax rate & 40% & 12,500 \\ 16 & Net plant and equipment & 4,000 & 40% \\ \hline \end{tabular}