Use the information below to create an income statement and a balance sheet. The firm's plowback ratio is 60% and the average tax rate is 30%. 2015 2016 Sales 0 $3,500 Cost of Goods Sold 0 $1,800 Depreciation Expense 0 $875 Interest Expense 0 $425 Current Assets $2,000 $2,500 Total Fixed Assets $6,200 $7,300 Accumulated Depreciation $1,300 This can be determined from the information given Current Liabilities $1,300 $1,500 Long-term Debt $3,500 $3,700 Common Stock $1,200 This can be determined from the information given