Question: 1. Construct a compete, properly formatted income statement for the year ended December 31,2019 for ABC Company, an LLC, using the following information: $23,000v $25,500-

 1. Construct a compete, properly formatted income statement for the year
ended December 31,2019 for ABC Company, an LLC, using the following information:

1. Construct a compete, properly formatted income statement for the year ended December 31,2019 for ABC Company, an LLC, using the following information: $23,000v $25,500- 4,500 $100,000- Utilities expense Equipment rental expense Interest expense Management salaries expense Gross Sales Sales and marketing expense Payroll tax expense Sales returns and allowances Cost of goods sold Rent expense Depreciation expense $905,000 $15,000 S12,300 1,500 $567,000. $24,000 3,000 Construct a complete, properly formatted balance sheet as of December 31,2019 for ABC Company, an LLC owned by one individual, using the following information:' Accumulated depreciation Equipment loan Payroll taxes p Accounts receivable Equipment Office furniture Cash Accounts payable Inventory Sales taxes pavable Management salaries payable Computers Equipment rent pavable Short-term portion of equipment loan $1,800- $11,000. $18,000v $2,200- $91,000- $55,000v S12,500 S6,000 S33,000- $100,000. $5,400- $11,400v $7,500- $1,900- avable

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