Chapter 3 Assignment i Saved Help Save & Exit Check 7 Problem 3-31 Balance Sheet (L01) The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the income statement items correspond to revenues or expenses during the year ending in either 2018 or 2019. All values are in thousands of dollars. 10 points Skipped 2018 $ 4,300 1,200 480 400 430 200 680 300 380 Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assets Long-term debt Notes payable Dividends paid Cash and marketable securities eBook 2019 $ 4,400 1,300 500 435 480 200 700 365 420 4,710 3,230 630 340 430 4,000 Print 2,900 875 340 730 References Taxes are paid in their entirety in the year that the tax obligation is incurred. * Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Construct a balance sheet for Fincorp for 2018 and 2019. (Enter your answers in thousands of dollars.) Fincorp Inc. Balance Sheet 2019 Liabilities and Shareholders' Equity Assets 2018 2018 2019 Total liabilities S 0 $ 0 Total assets $ 0 $ 0 Total liabilities and shareholders' equity S 0 $ 0