e-Exam Cente Exercise 2. (20 points) The income statement and comparative balance sheet of Alpha Corporation is given below Alpha Corporation Income Statement For the Year Ended December 31, 2019 $3.450 Sales Revenue 2,350 Cost of Goods Sold $1,100 Gross Profit 465 5635 Selling and Administrative Expenses Subtotal Other revenues and gains Gain on sale of Investment Income before tax Income tax exponse #gf_330 Maps Connect - To Do A... E-Learning Platform. UNYT e-Exam Cent.. Income tax expense 270 Net Income $405 Alpha Corporation Comparative Balance Sheet As on December 31, 2019 and 2018 2019 2018 Assets $900 S575 Cash and Cash equivalents 875 650 950 Accounts receivable 800 950 850 Inventory -600 585 Plant assets (Property, plant and equipment) Accumulated Depreciation $3,5 $3.15 75 0 Long-term Investments Total Assets Cis County -Learning Pretorn i et Depreciation 000 -565 Long-term Investments Total Assets 850 710 Liabilities and Owners Equity $3,5 $315 75 Accounts Payable 800 450 Accrued liabilities 100 125 Bonds payable 700 775 Capital Stock 950 850 Retained earnings 1,225 950 $357 $315 5 0 Total Liabilities and Owners Equity During the year 2019, a dividend of 5130 was declared and paid by sa da Corporation. Some plant assets were purchased during 2019 and the pas issuing common stock amounting to $35 Required: Using the data intensabote, prepare talentet using indirect method