Prepare A Balance Sheet And Income Statement For TNT, Inc., From The Scrambled List Of Items found here:

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a. Prepare an income statement for TNT. b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? a. Prepare an income statement for TNT Complete the income statement below: (Select from the drop-down menus and round to the nearest dollar) TNT Inc. Data Table Income Statement $98,500 Depreciation expense Cash 336,500 Gross Profit 500,800 Long-term debt Sales Accounts payable General and administrative expense 860 500 152,000 118.500 Net Operating Income 1.342 400 Buildings and equipment Notes payable Accounts receivable 111,500 Earnings before Taxes %24 251,535 7.180 Interest expense Accrued expenses 11.760 Net Income %24 Common stock 433 400 445,300 Cost of goods sold Inventory Taxes 149 855 75 455 Accumulated depreciation Taxes payable Retained earnings 395.200 22 440 453.190 a. Prepare an income statement for TNT. b. Prepare a balance sheet for TNT. c. What can you say about the firm's financial condition based on these financial statements? a. Prepare an income statement for TNT Complete the income statement below: (Select from the drop-down menus and round to the nearest dollar) TNT Inc. Data Table Income Statement $98,500 Depreciation expense Cash 336,500 Gross Profit 500,800 Long-term debt Sales Accounts payable General and administrative expense 860 500 152,000 118.500 Net Operating Income 1.342 400 Buildings and equipment Notes payable Accounts receivable 111,500 Earnings before Taxes %24 251,535 7.180 Interest expense Accrued expenses 11.760 Net Income %24 Common stock 433 400 445,300 Cost of goods sold Inventory Taxes 149 855 75 455 Accumulated depreciation Taxes payable Retained earnings 395.200 22 440 453.190

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