Question: Please help! I will like answer! From the following information, construct a simple income statement and a balance sheet: Sales $900,000 Finished goods 310,000 Long-term
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| Sales $900,000 |
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| Finished goods 310,000 |
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| Long-term debt 300,000 |
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| Raw materials 150,000 |
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| Cash 40,000 |
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| Cost of goods sold 520,000 |
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| Accounts receivable 270,000 |

From the following information, construct a simple income statement and a balance sheet: Round your answer for earnings per share to the nearest cent. Corporation X : Income Statement for the Year Ended xx/x/xx Round your answer for earnings per share to the nearest cent
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