create a balance sheet

Income Statement For the Year Ended December 31 Revenues Sales revenue Less: Sales discount 16,300 -326 15,974 -10,500 5,474 Net Sales Cost of goods sold Gross profit Operating expenses: Salaries and wages expenses Depreciation expense Insurance expense Total Operating expenses Income from operations Income tax expense Net Income 1,770 130 4481 -2,348 3,126 -310 $2,816 Adjusted Trial Balance: Adjusted Trial Balance For the month Ended December 31 Account titles Debit Credit Cash $ 29,562 $0 Accounts receivable $ 1,720 Inventory $ 16,882 Prepaid Insurance $ 1,342 Equipment $32,000 Accumulated Depreciation-Equipment $ 3,450 Accounts payable $ 6,210 Income tax payable $ 310 Common stock $ 47,600 Retained earnings $ 21,120 Sales revenue $ 16,300 Sales discount $326 Cost of goods sold $ 10,500 Depreciation expense $ 130 Salaries and Wages expense $1,770 Insurance expense $ 448 Income Tax Expense $310 Totals $ 94,990 $ 94,990