ES-35B. (Learning Objectives 6, 7: Show how to speed up cash flow from receivables; valuate liquidity through ratios) Saybrooke, Inc., reported the following items at December 31, 2016, and 2015: A1 Balance Sheets 1Summarized) 2 Year-end 2016 2015 Year-end 2016 2015 Current liabilities: 5 Current assets 6 Cash S 16,000 $ 12,000 Accounts payable$ 19,000 s 20,500 Marketable securities 23,000 12,000 Other current liabilities 107,000 109,000 | 20,000 21,000 148,000148,500 294,000 S 299,000 ?Accountsreceivable.net-. 58,00?-12,000ILong.term liabilities 9 Inventory 195,000 191,000 10 Other current assets2000 2,000 Stockholders' equity 10000 11 Long-term assets 12 Total assets 13 14 Income statement (partial: 2016 15 Sales Revenue 16 $ 294,000 299,000 Total liabilities and equity $732.000