value 25.00 points Refer the following table. Airspace Inc Comparative Balance Sheet Information November 30 millions of 2017 2016 2015 Cash 73 24 36 Accounts receivable (net) 122 60 Inventory 204 240 200 Prepaid rent 84 48 Plant and equipment (net) 840 828 Accounts payable 108 65 55 Accrued liabilities 132 Income tax payable 29 Preferred shares 132 132 Common shares 252 252 252 Retained earnings 610 566 Airspace Technologies Inc Income Statement For Year Ended November 30, 2017 (millions of 2017 $1,440 Net sales $1,224 Cost of goods sold 444 516 924 Gross profit Operating expenses: Depreciation expense 72 Other expenses 504 420 Total operating expenses Profit from operations 348 Interest expense 41 31 48 Income tax expense Profit 259