Question: Use the Capital, Operating & Maintenance, and Revenue Data below to prepa (a) Annual Income Statement and (b) Balance Sheet Statement. Item Description Old Infrastructure

Use the "Capital, Operating & Maintenance, and Revenue Data" below to prepa (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 Value $450,000,000 $11,000,000 $200,000,000 $10,000,000 3% 5% $215,000,000 Page 1 TRSS 412 Mid Operating and Maintenance cost Revenues from fees and taxes Grants received Licensing & Insurance $25,000,000 $80,000,000 $6,000,000 $6,500,000 Cuation
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