Question 7. Complete the Income Statement and the Balance Sheet for 2018 by using the following information. Revenues: 20,000. Ratio of Cost of Goods Sold to Revenues: 0.75 Ratio of Operating Expenses to Revenues: 0.10 Interest Expense: 500 Tax Rate: 30% Current Ratio: 2 Ratio of Total Assets to Long-Term Debt: 4 Plant and Equipment: 18,000 Current Assets: 2,000 Income Statement 2018 Revenues Cost of Goods Sold Gross Profit Operating Expenses Operating Profit Interest Expense Earnings Before Taxes Taxes Net Income [8 marks) Balance Sheet 2018 Current Assets Plant and Equipment Total Assets Current Liabilities Long-Term Debt Equity Total Liabilities and Equity [7 marks)