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The comparative balance sheets for 2018 and 2017 and the statement of income...

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Accounting

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The comparative balance sheets for 2018 and 2017 and the statement of income for 2018 are given below for Wright Company Additional information from Wright's accounting records is provided also. WRIGHT COMPANY Comparative Balance Sheets December 31, 2018 and 2017 ($ in 000s) 2018 2017 Asscts Cash Accounts receivable Short-term investment Inventory Land $106 90 135 12 130 120 520 133 135 98 680 Buildings and equipmeiation(187) 135) Less: Accumulated $1,009 872 Liabilitics Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings $ 40 47 15 32 220 284 320 160 64 $1,009 872 375 185 104

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