Question: Use the Capital, Operating & Maintenance, and Revenue Data below to prepare (a) Annual Income Statement and (b) Balance Sheet Statement. Item Description Old Infrastructure
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 Licensing & Insurance Value $450,000,000 $11,000,000 $200,000,000 $10,000,000 3% 5% $215,000,000 $25,000,000 $80,000,000 $6,000,000 $6,500,000
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