The comparative balance sheets for 2018 and 2017 are given below for Surmise Company. Net income for 2018 was $64 million.

Assets Cash 1; 33 1'; 41 Accounts receivable 81 '36 Less: Allowance for uncollectible accounts (14} {2} Prepaid expenses 1E!I 3 Inventory 149 135 Longtern investment 36 55 Land 32 32 Buildings and equipment 333 233 Less: Accululated depreciation [112} (92} Patent '1? 19 s HIPS 5 sea Liabilities Accounts payable $ 16 i 25 Accrued liabilities 4 12 Notes payable 32 a Lease liability '38 El onds payable 56 193 Shareholders' Equity (onion stock 61 56 Paidin capitalexcess of par 253 235 Retained earnings 161 166 $ 615 s 555