Calculate the followings
 

Sales Cost of Goods Sold Gross Profit Selling Expenses: Fixed Variable Administrative Expenses: Fixed Current Assets Cash Accounts Receivable Inventory Variable Total Selling and Administrative Expenses: Net Profit Raw Material Lamp Kits Work in Process Finished Goods Total Current Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets Current Liabilities Accounts Payable Total Liabilities I See The Light Projected Income Statement For the Period Ending December 31, 20x1 (Commission per unit) @ $3.00 Stockholder's Equity Common Stock 25,000 lamps @ $45.00 @$30.00 Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity @$2.00 $ 23,000.00 75,000.00 $ 98,000.00 $ 42,000.00 50,000.00 I See The Light Projected Balance Sheet As of December 31, 20x1 500 @ $16.00 0 3000 @ $30.00 92,000.00 $ 20,000.00 6,800.00 $ 12,000.00 147,410.00 $ 1,125,000.00 750,000.00 375,000.00 $ $ $ $ $ $ 190,000.00 185.000.00 34,710.00 67,500.00 8,000.00 90,000.00 200,210.00 13,200.00 213.410.00 54,000.00 54,000.00 159.410.00 213.410.00