Prepare an income statement and a balance sheet for Lippo Group from the following scrambled list of items. What is the firm’s net working capital and debt ratio?

In addition, the firm has 12,000 shares outstanding and paid $18,000 in common stock dividends during the year.

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Sales $553,000 Accumulated depreciation 192,000 Cash ? Cost of goods sold 325,000 Accounts receivable 74,000 Depreciation expenses 40,000 Accounts payable Interest expense 66,000 24,000 Short-term notes payable 30,000 Income taxes Inventories Marketing, general and administrative expenses 59,850 46,000 47,000