Please create an income statement using the information below:

Use the following information to re-create the company's income statement and balance sheet. You should use the standard format for each statement. For example, list the assets in the correct order that you would find them on the statement. Note that the amount is not included for some accounts. You will need to calculate these items. Keep in mind that the balance sheet will balance. It may be helpful to categorize each line as an asset, liability, equity, revenue (income), or expense first. Category Amount 3,313 3,077 71 119 210 17,402 1,706 312 736 Accounts Accounts Payable Accounts Receivable Additional Paid-in Capital-Common Stock Cash Common Stock (par = $1/share) Cost of Goods Sold Current portion of LT Debt Deferred Taxes & Leases (LT Debt) Depreciation Expense Gross Profit Interest Expense Inventories Long-term Debt Net Income Net Property, Plant, & Equipment Notes Payable Other Current Assets Other Current Liabilities Other LT Assets Profit Before Interest & Tax (EBIT) Profit Before Tax (EBT) Restructuring Expenses (Operating expense) Retained Earnings Revenues (Income) Selling, General, & Admin Expense Tax provision (Taxes) Total Assets Total Current Assets Total Current Liabilities Total Liabilities Total Liabilities & Equity Total Owner's Equity $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 1,586 5,186 11,804 13,938 4,650 865 804 193 1,317 445 508 25,084 3,598 577 $ $ $ $ $ $ $ $ $ $ 9,247 22,589 23,378 $ Income Statement