es

$\backslash$table$[[$Net sales,,$],[$Expenses:$,,$$$3,236,000],[$Cost of goods sold,$$2,100,000,],[$Operating expenses,$888,000,],[$Depreciation expense,$30,000,],[$Loss on sale of land,$8,300,],[$Interest expense,$16,500,],[$Income tax expense,$51,000,],[$Total expenses,,$3,093,800],[$Net income,,$ $142,200]]$

$\backslash$table$[[$VIDEO PHONES, INCORPORATED Balance Sheets December $31],[$Assets$],[],[\backslash$table$[[$Cash$],[$Accounts receivable$]],,$$$226,580,$$$169,140],[,,84,300,63,000],[\backslash$table$[[$Inventory$],[$Prepaid rent$]],,105,000,138,000],[,,12,720,6,360],[\backslash$table$[[$Long$-$term assets:$],[$Investments$]],,,],[$Land$,,108,000,0],[,,213,000,246,000],[$Equipment$,,276,000,213,000],[$Accumulated depreciation,,$(72,600),(42,600)$