eWare Corp started operations Jan 1, 2009. Using the information from December 31, 2009 prepare income statement, retained earnings statement,...

eWare Corp started operations Jan 1, 2009. Using the information from December 31, 2009 prepare income statement, retained earnings statement, balance sheet and statement of cash flows: Accounts Payable $31,500Accounts receivable 50,400Capital stock 262,500Cash ?Cash payments for operating activities 735,000Cash receipts from operating activities 878,850Cost of sales 420,000Dividends 26,250Income tax expense 147,000Income taxes payable 21,000Interest expense 15,750Inventories 94,500Note payable (due 2015) 105,000Property, plant and equipment 396,900Retained earnings ?Sales 929,250Selling and administrative expense 110,250