Question: 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

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 $4,0004013
Cost of Good Sold 1,6001,766
Depreciation 500526
Inventory 300356
SG&A 500542
Interest Expenses 150180
Common Stock and Paid-in Capital 2,2002,200
Federal and State Taxes (35% of EBT)400
Accounts Payable 300356
Accounts Receivable 400459
Net Fixed Assets 5,0005555
Retained Earnings (Balance Sheet)1,000
Long-Term Debt 2,0002644
Notes Payable 1,000950
Dividends Paid 410410
Cash 800
 Create an Income Statement, Balance Sheet Using the table below create

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