10.00 points The comparative balance sheets for 2016 and 2015 and the income statement for 2016 are given below for Arduous Company. Additional information from Arduous's accounting records is provided also ARDUOUS COMPANY Comparative Balance Sheets December 31, 2016 and 2015 ($ in millions) 2016 2015 Assets $ 126 S 86 204 Accounts receivable Investment revenue receivable Inventory Prepaid insurance Long-term investment Land Buildings and equipment 195 12 213 10 172 206 205 18 130 155 410 (99) (130) 37 Less: Accumulated depreciation Patent $1,285 $1,124 Liabilities S 55 75 21 12 Bond interest payable Income tax payable Deferred income tax liability Notes payable Lease liability Bonds payable 9 17 21 19 13 87 220 285 (27) (30) Less: Discount on bonds Shareholders' Equity Common stock Paid-in capital-excess of par Preferred stock Retained earnings 439 100 415 256 Less: Treasury stock $1,285 $1,124