Using Excel or Word, create the operating section of the J & J Company using the following information from the company's financial records. Upload your completed file to this assignment. Save your file as your last name Ch16direct (BoegerCH16direct). 2022 Income Statement Sales $299,000 Cost of Goods Sold (135,000) Operating Expenses other than depreciation expense (27,000) Depreciation Expense (17,000) Gain on Sale of Plant Assets 16,500 Net Income $136,500 Balance Sheet Information: Dec. 31, 2022 Accounts Receivable (associated with sales) $45,300 Inventory $1,600 Accounts Payable (associated with inventory) $22,500 Accrued Liabilities (associated with Other Expenses) $900 Balance Sheet Information: Dec. 31, 2021 Accounts Receivable (associated with sales) $43,400 Inventory $1,800 Accounts Payable (associated with inventory) $21,250 Accrued Liabilities (associated with Other Expenses) $1,150