Please do the Income statement and the balance sheet, and please do everything exactly how it's being asked. No extra lines or extra numbers.

ncome Stauen nu orbanCChcei S40,000 30,000 20,000 2,000 1,000 50,000 3,000 S40,000 80,000 Accounts Payable Accounts Receivable Cash Depreciation Expense Interest Expense Inventory Labor to manufacture Land Long-term Loan payable Machinery & equipment60,000 Mortgage Owner's Equity Raw Materials Rent, Utilities, Insurance Salaries Expense Taxes Payable Total Sales Vehicles- trucks, autos Wages Payable Warehouse Building 50,000 S160,000 5,000 5,000 6,000 16,000 30,000 70,000 4,000 S80,000