Question: Question 6-20 points Use the Capital, Operating & Maintenance, and Revenue Data below to prepare (a) Annual Income Statement and (b) Balance Sheet Statement. Item

Question 6-20 points Use the "Capital, Operating & Maintenance, and Revenue

Question 6-20 points Use the "Capital, Operating & Maintenance, and Revenue Data" below to prepare (a) Annual Income Statement and (b) Balance Sheet Statement. Item Description Old Infrastructure Newly built infrastructure Outstanding loan on old infrastructure Outstanding loan on new infrastructure Interest on old loan Interest on new loan Common stocks Operating and Maintenance cost Revenues from fees and taxes Grants received Energy cost Value $440,000,000 $11,000,000 $200,000,000 $10,000,000 4% 5% $207,000,000 $25,000,000 $80,000,000 $6,000,000 $6,500,000

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