Question: Comparative balance sheets for 2 0 2 4 and 2 0 2 3 and a statement of income for 2 0 2 4 are given

Comparative balance sheets for 2024 and 2023 and a statement of income for 2024 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided.
\table[[METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31,2024 and 2023($ in thousands)],[Assets],[Cash,$ 580,$ 375],[Accounts receivable,600,450],[Inventory,900,525],[Land,525,600],[Right-of-use asset-land,150,0],[Building,900,900],[Less: Accumulated depreciation,(300),(270)],[Equipment,2,850,2,250],[Less: Accumulated depreciation,(525),(480)],[Patent,1,200,1,500],[,$ 6,880,$ 5,850],[Liabilities],[Accounts payable,$ 750,$ 450],[Accrued liabilities,300,225],[Lease liability-land,130,0],[Shareholders' Equity,130,]]
Comparative balance sheets for 2 0 2 4 and 2 0 2

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