Account Name Balance Income tax Expense $ 600,000 Decrease in porperty valulation 35,000 Current Assets 6,500,000 Cost of Sales 7,500,000 Distribuiton Costs 900,000 Common Shares Issued 895,000 Finance Costs 90,000 Stock Option Compenstation 40,000 Profit before Taxes 1,750,000 Retained Earnings(endof year) 5,000,000 Dividends Paid 150,000 Other Income 40,000 Gross Profit 3,500,000 Share Captial (end of year) 3,395,000 Contributed surplus (beginnning of year) 60,000 Non-Current Liablilities 5,000,000 Change in Currenc yTranslation(income) 40,000 Retained Earnings(beginning of year) 4,000,000 Administrative Expenses 800,000 Total Liabilities 8,000,000 Total Assets 16,500,000

create a statement of income, a statement of comprehensive income, a statement of changes in equity and a statement of financial position