What do I write in the interpretation analysis on the statement of financial position and statement of comprehensive income? Please separate the analysis of each financial statement and state why it increased or decreased, thank you!

Statement of financial position ! Assets 2017 2016 Increase (Decrease) Amount Percent Current Assets Cash 158000 84000 Short term investments 130000 192000 Accounts receivable (net) 240000 200000 Merchandise inventory 500000 530000 Total current Assets 1028000 1006000 Property, Plant & Equipment 2340000 2350000 0 Total Assets 3368000 3356000 1 2 Liabilities and owners equity 3 Current Liabilities 530000 584000 4 Non current liabilities 800000 840000 5 Total liabilities 1330000 1424000 6 Owner's Equity 2038000 1932000 7 Total liabilities & Owner's Equity 3368000 3356000 74000 -62000 40000 -30000 22000 -10000 12000 88.1% 32.3% 20.0% -5.7% 2.2% -0.4% 0.4% -54000 40000 -94000 106000 12000 -9.2% -4.8% -6.6% 5.5% 0.4% 8 22 Income Statement 23 24 Net sales 25 Cost of goods sold 26 Gross Profit 27 Selling and administrative expense 28 Operating income 29 Interest expense 30 Income before income taxes 31 Income tax expense 32 Net Income 33 2017 4972 3046 1926 1556 370 88 282 2016 Increase (Decrease) Amount Percent 4150 822 19.8% 2444 602 24.6% 1706 220 12.9% 1500 56 3.7% 206 164 79.6% 92 4 4.3% 114 168 147.4% 42 52 123.8% 72 116 161.1% 94 188