Create an Income Statement, Balance Sheet

Using the table below create SinCo's Income Statement and Balance Sheet for the Prior Year and Current Year, and then answer the questions that are below. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

	Prior Year	Current Year
Revenue	$4,000	5148
Cost of Good Sold	1,600	2,214
Depreciation	500	527
Inventory	300	337
SG&A	500	559
Interest Expenses	150	186
Common Stock and Paid-in Capital	2,200	2,200
Federal and State Taxes (35% of EBT)	400
Accounts Payable	300	324
Accounts Receivable	400	418
Net Fixed Assets	5,000	5334
Retained Earnings (Balance Sheet)	1,000
Long-Term Debt	2,000	2644
Notes Payable	1,000	1067
Dividends Paid	410	410
Cash	800

Income Statement Questions:

What is SinCo's EBITDA for the current year?
What is SinCo's EBIT for the current year?
What is SinCo's Net Income for the current year?

Balance Sheet Questions:

What is SinCo's current year's Retained Earnings
What is the current year's Total Liabilities and Shareholders Equity
What is SinCo's current year's Total Assets
What is SinCo's current year's Cash Balance
What is SinCo's current year's Total Current Assets