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The current sections of Flint Corporation's balance sheets at December 31, 2016 and 2017, are...

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Accounting

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The current sections of Flint Corporation's balance sheets at December 31, 2016 and 2017, are presented here. Flint Corporation's net income for 2017 was $156,213. Depreciation expense was $27,567 2017 2016 Current assets Cash Accounts receivable Inventory Prepaid expenses $107,205 81,680 171,528 27,567 $387,980 s101,079 90,869 175,612 22,462 $390,022 Total current assets Current liabilities Accrued expenses payable Accounts payable $15,315 86,785 $102,100 105 93,932 99,037 Total current liabilities

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