Question: Given the following information please construct a balance sheet and an income statement for the company. It provides software via a cloud subscription. There is

Given the following information please construct a balance sheet and an

income statement for the company. It provides software via a cloud subscription.

Given the following information please construct a balance sheet and an income statement for the company. It provides software via a cloud subscription. There is no inventory. All information in $000 Total Revenues 5,374 Cost of Revenues Subscription 925 Interest Expense 16 Cost of Revenues Professional Services 365 Gross Margin 4,084 Research & Development 793 Marketing & Sales 2,757 Investment income 10 General & Administrative Expense 680 Depreciation 448 Total Operating Income (146) Net Loss (600) Total assets 10.693

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