From the following construct a simple income statement and balance sheet: Sales: 1, 000 ,000 Finished goods:

From the following construct a simple income statement and balance sheet:

Sales: 1, 000 ,000

Finished goods: 200k

Long term debt 300 k

raw materials 100 k

cash 50k

cost of goods sold 600 k

accts receivable: 250 k

plant and equipment 400 k

interest expense 80 k

number of shares outstanding 100k

earnings before taxes 220 k

taxes 100k

accts payable 220k

other current liabilities 50 k

other expenses 100k

equity 450 k