Question: Please help me construct a balance sheet. Given the following information please construct a balance sheet and an income statement for the company. It provides

Please help me construct a balance sheet.

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

Total Revenues 5,374

Cash 908

Common Stock 651

Cost of Revenues Subscription 925

Interest Expense 16

Additional Paid-in Capital 3,954

Retained Earnings (630)

Cost of Revenues Professional Services 365

Gross Margin 4,084

Short term securities 87

Long term debt2,328

Accounts Receivable 1,906

Accounts Payable1,103

Research & Development 793

Marketing & Sales2,757

Other current liabilities3,287

Other current assets 649

Investment income 10

General & Administrative Expense 680

Depreciation 448

Property & Equipment 1,126

Goodwill3,783

Other long term assets 2,234

Total Current Assets 3,550

Total Operating Income (146)

Net Loss (600)

Total assets10,693

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