Selected comparative statement data for Molini Products Company are presented below. All balance sheet data are as of December 31.

		2014		2013
Net sales		$701,420		$677,370
Cost of goods sold		478,950		396,040
Interest expense		6,740		4,780
Net income		43,290		31,280
Accounts receivable		117,850		108,150
Inventory		87,540		71,440
Total assets		584,810		535,120
Total common stockholders