Comparative balance sheets for 2016 and 2015 and a statement of income for 2016 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2016 and 2015 in 000s) 2016 2015 Assets 480 190 Cash Accounts receivable 510 270 660 390 Inventory Land 700 605 800 800 Building Less: Accumulated depreciation (300) (275) Equipment 2.900 2,630 Less: Accumulated depreciation (493) (460) Patent 1,800 2,100 $7,057 $6,250 Liabilities 760 560 Accounts payable Accrued expenses payable 230 210 150 Lease liability land Shareholders' Equity Common stock 2.620 2,500 530 Paid-in capital excess of par 600 Retained earnings 2,697 2,450 7,057 6,250