Question: Complete the comparative income statement and balance sheet for Logic Company. Note: Input all answers as positive values except decrease answers which should be indicated

Complete the comparative income statement and balance sheet for Logic Company.
Note: 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. \begin{tabular}{|c|c|c|c|c|c|c|}
\hline \multicolumn{7}{|c|}{LOGIC COMPANY}\\
\hline \multicolumn{7}{|c|}{Comparative Balance Sheet}\\
\hline \multicolumn{7}{|c|}{December 31,2022 and 2023}\\
\hline & \multicolumn{3}{|c|}{2023} & \multicolumn{3}{|c|}{2022}\\
\hline & \multicolumn{2}{|r|}{Amount} & Percent & & unt & Percent \\
\hline \multicolumn{7}{|l|}{Assets}\\
\hline \multicolumn{7}{|l|}{Current assets:}\\
\hline Cash & \$ & 11,000 & & \$ & 7,900 & \\
\hline Accounts receivable & & 15,500 & & & 11,500 & \\
\hline Merchandise inventory & & 7,500 & & & 13,000 & \\
\hline Prepaid expenses & & 23,000 & & & 9,000 & \\
\hline Total current assets & \$ & 57,000 & & \$ & 41,400 & \\
\hline \multicolumn{7}{|l|}{Plant and equipment:}\\
\hline Building (net) & \$ & 13,500 & & \$ & 10,100 & \\
\hline Land & & 12,500 & & & 8,000 & \\
\hline Total plant and equipment & \$ & 26,000 & & \$ & 18,100 & \\
\hline Total assets & \$ & 83,000 & & \$ & 59,500 & \\
\hline \multicolumn{7}{|l|}{Liabilities}\\
\hline \multicolumn{7}{|l|}{Current liabilities:}\\
\hline Accounts payable & \$ & 12,000 & & \$ & 6,100 & \\
\hline Salaries payable & & 6,000 & & & 4,000 & \\
\hline Total current liabilities & \$ & 18,000 & & \$ & 10,100 & \\
\hline \multicolumn{7}{|l|}{Long-term liabilities:}\\
\hline Mortgage note payable & & 21,000 & & & 19,400 & \\
\hline Total liabilities & \$ & 39,000 & & \$ & 29,500 & \\
\hline \multicolumn{7}{|l|}{Stockholders' Equity}\\
\hline Common stock & \$ & 20,300 & & \$ & 20,300 & \\
\hline Retained earnings & & 23,700 & & & 9,700 & \\
\hline Total stockholders' equity & \$ & 44,000 & & \$ & 30,000 & \\
\hline Total liabilities and stockholders' equity & \$ & 83,000 & & \$ & 59,500 & \\
\hline
\end{tabular}
Complete the comparative income statement and

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