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

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 5,374 908 651 925 Total Revenues Cash Common Stock Cost of Revenues Subscription Interest Expense Additional Paid in Capital Retained Earnings Cost of Revenues Professional Services Gross Margin Short term securities Long term debt Accounts Receivable Accounts Pavable Research & Development Marketing & Sales Other current liabilities Other current assets Investment income General & Administrative Expense Depreciation Property & Equipment Goodwill Other long term assets Total Current Assets Total Operating Income Net Loss Total assets 3,954 (630) 365 4,084 87 2,328 1,906 1,103 793 2,757 3,287 649 10 680 448 1,126 3,783 2,234 3,550 (146) (600) 10,693

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