Return to qu Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given below for Metagrobolize Industries Additional information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2018 and 2017 ( in 0008) 2018 2017 Assets Cash $ 400170 430 580 550 Accounts receivable Inventory Land Building Less: Accumulated depreciation Equipment Less: Accumulated depreciation 230 370 545 900 900 (250) (210) 2,7002,390 (409)(380) 400 Patent 6 301 $5,515 Liabilities Accounts payable Accrued expenses payable Lease liability-land Shareholders' Equity Common stock 680 $480 190 130 115 3,160 500 3,000 Paid-in capital-excess of par Retained earnings 490 1,430 $6,301 5,515 METAGROBOLIZE INDUSTRIES ncome Statement For the Year Ended December 31, 2018 ts in 000s)