What do I write in the interpretation analysis on the statement of financial position and statement of comprehensive income? Please separate the analysis of each financial statement and state why it increased or decreased, thank you!

Statement of financial position Assets 2017 2016 Increase (Decrease) Amount Percent Current Assets Cash 158000 84000 74000 88.1% Short term investments 130000 192000 -62000 -32.3% Accounts receivable (net] 240000 200000 40000 20.0% Merchandise inventory 500000 530000 -30000 -5.7% Total current Assets 1028000 1006000 22000 2.2% Property, Plant & Equipment 2340000 2350000 -10000 -0.4% Total Assets 3368000 3356000 12000 0.4% Liabilities and owners equity Current Liabilities 530000 584000 -54000 -9.2% Non current liabilities 800000 840000 -40000 -4.8% Total liabilities 1330000 1424000 -94000 -6.69% Owner's Equity 2038000 1932000 106000 5.5% Total liabilities & Owner's Equity 3368000 3356000 12000 0.46Income Statement 2017 2016 Increase (Decrease) Amount Percent Net sales 4972 4150 822 19.8% Cost of goods sold 3046 2444 602 24.6% Gross Profit 1926 1706 220 12.9% Selling and administrative expensi 1556 1500 56 3.7% Operating income 370 206 164 79.6% Interest expense 88 92 4 -4.3% Income before income taxes 282 114 168 147.4% Income tax expense 94 42 52 123.8% Net Income 188 72 116 161.1%