Question: Create an example balance sheet. This balance sheet must be your ORIGINAL work. The balance sheet you create will be for the fictional company for

Create an example balance sheet. This balance sheet must be your ORIGINAL work. The balance sheet you create will be for the fictional company for which this training manual is being created. Please provide the name for this fictional company and put it at the top of the balance sheet. Balance sheet should create from previous project Income statement. which is as follows:

Income Statement (For the Year Ending December 31, 2022)

Revenue Amount ($)
Sales 1,200,000
Other Income 30,000
Total revenue 1,230,000
Expenses
Cost of Goods Sold 600,000
Operating Expenses 350,000
Marketing 80,000
Depreciation 40,000
Total Expenses 1,070,000
Net Income 160,000

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