Complete the comparative income statement and balance sheet for Logic Company. (Input all answers as positive values except decrease answers which should be indicated by a minus sign. Round your "percent" answers to the nearest hundredth percent.) LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2019 and 2020 Increase (Decrease) Amount Percent 2020 22,400 $ $ 800 2019 17,550 100 17,450 7,900 9,550 $ 21,600 $ 11,150 10,450 $ $ $ Gross sales Sales returns and allowances Net sales Cost of merchandise (goods) sold Gross profit Operating expenses: Depreciation Selling and administrative Research Miscellaneous Total operating expenses Income before interest and taxes $ 770 1,040 $ 4,750 3,700 890 670 700 $ $ $ 7,380 $ 3,070 $ 470 5,610 3,940 For Years Ended December 31, 2019 and 2020 Increase (Decrease) Amount Percent $ 2019 17,550 100 2020 22,400 $ 800 21,600 $ 11,150 10,450 $ 17,450 7,900 9,550 $ 770 1,040 $ 4,750 Gross sales Sales returns and allowances Net sales Cost of merchandise (goods) sold Gross profit Operating expenses: Depreciation Selling and administrative Research Miscellaneous Total operating expenses Income before interest and taxes Interest expense Income before taxes Provision for taxes Net income 890 3,700 670 470 $ $ $ $ 700 7,380 $ 3,070 $ 900 5,610 3,940 670 3,270 1,308 1,962 2,170 $ 868 $ 1,302 $ Comparative Balance Sheet December 31, 2019 and 2020 2020 2019 Amount Percent Amount Percent $ $ 11,800 16,300 8,300 23,800 60,200 8,800 12,300 13,800 9,800 44,700 $ Assets Current assets: Cash Accounts receivable Merchandise inventory Prepaid expenses Total current assets Plant and equipment: Building (net) Land Total plant and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries pavable $ $ 14,300 13,300 27,600 87,800 10,900 8,800 19,700 64,400 $ $ $ $ $ $ 12,800 6,800 4.8001 6.800 $ $ $ 12,800 6,800 19,600 6,800 4,800 11,600 $ Liabilities Current liabilities: Accounts payable Salaries payable Total current liabilities Long-term liabilities: Mortgage note payable Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 21,800 41,400 20,300 31,900 $ $ $ $ 20,800 25,600 46,400 87,800 20,800 11,700 32,500 64,400 $ $ $