Need help! Please let me know if th bottom left of both questions are right or wrong along with the numbers!! Thanks!

The following transactions pertain to Year 1, the first-year operations of Jordan Company. All inventory was started and completed during Year 1. Assume that all transactions are cash transactions. 1. Acquired $4,100 cash by issuing common stock 2. Pald $680 for materials used to produce inventory. 3. Paid $1,860 to production workers. 4. Paid $991 rental fee for production equipment 5. Paid $120 to administrative employees. 6. Paid $119 rental fee for administrative office equipment 7. Produced 330 units of inventory of which 190 units were sold at a price of $13 each. Required Prepare an income statement and a balance sheet in accordance with GAAP. Required Prepare an income statement and a balance sheet in accordance with GAAP. Complete this question by entering your answer in the tabs below. Income Statement Balance Sheet Prepare an income statement. (Do not round your intermediate calculations.) JORDAN COMPANY Income Statement for Year 1 Sales revenue Cost of goods sold Gross margin Administrative expense $ 0 $ 0 Net income Balance Sheet Required Prepare an income statement and a balance sheet in accordance with GAAP. Complete this question by entering your answer in the tabs below. Income Statement Balance Sheet Prepare a balance sheet. (Do not round your intermediate calculations.) JORDAN COMPANY Balance Sheet as of 12/31/41 Assets Cash Finished goods inventory $ 0 Total assets Equity Common stock Retained earnings 0 Total equity Balance Sheet