Complete the comparative Income statement and balance sheet for Logic Company. (Input all answers as posith decrease answers which should be Indicated by a minus sign. Round your "percent" answers to the nearesth LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2019 and 2020 Increase (Decrease) Amount Percent 2020 2019 s 23.000 5 18.000 Gross sales Sales returns and allowances 800 100 Net sales $ $ 22,200 11,000 17.900 7,600 10,300 $ 11.200 $ s 1.100 $ $ 800 Cost of merchandise (goods) sold Gross profit Operating expenses Depreciation Selling and administrative Research Miscellaneous Total operating expenses Income before interest and taxes 5.200 4,000 700 950 780 500 GO 8,010 3.190 0,000 4.300 $ S 960 700 Interest expense Income before taxes $ 2.230 $ 3,600 Provision for taxes 1.440 892 1.338 Net income $ $ 2.160 LOGIC COMPANY Comparative Balance Sheet December 31, 2019 and 2020 2020 2019 Amount Percent Percent Amount Assets Current assets. 8,500 12.000 13,500 11,500 18.000 8,000 23,500 50.000 0,500 43,500 $ $ $ 14,000 13.000 27.000 80,000 10,500 8,500 10,000 62.500 $ S $ 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 Salanes payable Total current liabilities Long-term liabilities Mortgage note payable Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders equity Total abilities and stockholders equity $ 12,500 0,500 0,500 4,500 11.000 $ 10,000 21.500 20.000 S 40,500 $ 31.000 S $ 20.500 20.500 25.000 45.500 80,000 11.000 31.500 $ $ S $ 82.500