Use the following data to answer questions below. INCOME STATEMENT: TONY'S PIZZA EATERY 2016 COST OF GOODS SOLD 103,115 GROSS PROFIT 172,674 DEPRECIATION 31,100 SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 77444 OPERATING INCOME (EBIT) 64,130 TAXABLE INCOME (EBT) 58,130 TAXES (SEE TAX TABLE NET INCOME 49,411 BALANCE SHEET: TONYS PIZZA EATERY END OF 2016 2016 CURRENT ASSETS ACCOUNTS RECEIVABLE INVENTORIES TOTAL CURRENT ASSETS FIXED ASSETS ACCUMULATED DEPRECIATION NET FIXED ASSETS TOTAL ASSETS CURRENT LIABILITIES ACCOUNTS PAYABLE 8,247 $1,236 $ 6,432 $15,915 155,500 31,100 $124,400 $140,315 $ $ 8,563 $2,341 TOTAL CURRENT LIABILITIES 10,904 $ 75,000 $85,904 $5,000 $ 49,411 $54,411 TOTAL LIABILITIES EQUITY 140,315 LONG-TERM DEBT TOTAL LIABILITIES EQUITY RETAINED EARNINGS TOTAL OWNERS' EQUITY