Condensed financial data of Metlock Company for 2017 and 2016 are presented below.

METLOCK COMPANY
Cash$1,820
$1,130
Receivables1,730
1,280
Inventory1,590
1,870
Plant assets1,940
1,690
Accumulated depreciation(1,220
(1,180
Long-term investments (held-to-maturity)1,300
1,450
$7,160
$6,240
Accounts payable$1,200
$920
Accrued liabilities190
Bonds payable1,430
1,530
Common stock1,930
1,710
Retained earnings2,410
1,850
METLOCK COMPANY
Sales revenue$6,840
Cost of goods sold4,630
Gross margin2,210
Selling and administrative expenses930
Income from operations1,280
Other revenues and gains Gain on sale of investments90
Income before tax1,370
Income tax expense550
Net income820Cash dividends
Income retained in business
$560
(Show amounts in the investing and financing sections that decrease cash flow with either a – sign e.g. -15,000 or in parenthesis e.g. (15,000).)







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