am I missing something? it says it is not complete. thanks

Keystone Manufacturing Company started operations on January 1, Year 1. During Year 1, the company engaged in the following transactions 1. Issued common stock for $40,000 2. Paid $10.000 cash to purchase raw materials used to make products 3. Transferred 59,000 of raw materials to the production department, 4. Paid $12,000 cash for labor used to make products. 5. Pald S18,000 cash for overhead costs (assume actual and estimated overhead are the same). 6. Finished work on products that cost $35,000 to make 7. Sold products that cost $31.500 to make for $42,500 cash N be Required a. Prepare the December 31, Year 1. balance sheet. b. Prepare the December 31, Year 1, Income statement Required A Required B Prepare the December 31, Year 1, balance sheet. KEYSTONE MANUFACTURING COMPANY Balance Sheet for Year 1