yes, the income statement was blank, i only filled out what I know.

The comparative balance sheets and income statement for Walton Company follow Balance Sheets As of December 31 2017 2016 Assets Cash Accounts receivable Inventory Equipment Accumulated depreciation- Equipment Land $ 23,104 $ 2,598 1,413 6,106 44,999 (4,726) (15,097) 8,476 ,355 ,513 20,449 18,606 Total assets $ 66,301 48,495 Liabilities and equity Accounts payable (inventory) Long-term debt Common stock Retained earnings $ 2,607 4,211 6,883 9,500 28,701 $66,301 48,495 2,661 23,400 37,633 Total liabilities and equity Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold Gross margin Depreciation expense Operating income Gain on sale of eauipment $34,920 (13,841) 21,079 3,744 17,335 600 Additional Data 1. During 2017, the company sold equipment for $18,485, it had originally cost $32.000 Accumulated depreciation on this equipment was $14,115 at the time of the sale. Also, the company purchased equipment for $7450 cash 2. The company sold land that had cost $3,770. This land was sold for $3,700, resulting in the recognition of a $70 loss.Also, commor stock was issued in exchange for title to land that was valued at $13.900 at the time of exchange 3. Paid dividends of $8,933 WALTON COMPANY Statement of Cash Flows For the Year Ended December 31, 2017 Cash flows from operating activities Net income Less: Increase/Decrease in current assets and current liabilities Decrease in accounts payable Depreciation expense Plus Noncash charges Depreciation expense Less: Gain on sale of equipment Plus: Loss on disposal of land Net cash inflow from operating activities Cash flows from investing activities Paid to purchase equipment Proceeds from sale of equipment Proceeds from sale of land Cash flows from investing activities Paid to purchase equipment Proceeds from sale of equipment Proceeds from sale of land Cash flows from financing activities Repayment of debt Ending cash balance Schedule of noncash investing and financing activities