Comparative balance sheet for 2018 and 2017 and a statement of income for 2018 are given below for Metagrobolize Industries. Additional information from accounting records of Metagrobolize is also provided.

(Please see attachment)

Assets Cash $ 536 Accounts receivable 656 Inventoryr 866 Land 666 Building 966 Less: Accumulated depreciation (266} Equipment 3,256 Less: Accumulated depreciation (466} Patent H s ?,5?3 Liabilities Accounts payable if. 966 Accrued expenses payable 366 Lease liabilityland 136 Shareholders' Equity CEI'IJH stock 3,626 Paid-in capitalexcess of par 556 Retained earnings 2,636 $ ?,5?3 s 255 343 425 555 333 [1?5} 5,353 (429} 1,656 $ 3,533 245 5,533 1,?53 $ 3,533