Question: below The comparative balance sheets for 2016 and 2015 and the statement of income for 2016 are giver for Dux Company. Additional information from Dux's
below The comparative balance sheets for 2016 and 2015 and the statement of income for 2016 are giver for Dux Company. Additional information from Dux's accounting records is provided also DUX COMPANY Comparative Balance Sheets December 31, 2016 and 2015 (S in 000s) 2016 2015 Assets Cash Accounts receivable Dividends receivable Inventory Long-term investment Land Buildings and equipment $63 35 59 77 85 65 45 25 36 71 210 280 (40) (80) Less: Accumulated depreciation $ 560 S 474 Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable $28 S 50 4 22 65 23 12585 (17) (33) Less: Discount on bonds Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings 225 215 37 35 92 89 (23)o $560 $474 Less: Treasury stock
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