Using only the balance sheet accounts below, create and balance the Balance Sheet given the data below. Include the account names in your table. (Hint: if it is not balancing, you have made an error.) Show totals for the following categories: Current Assets, Fixed (i.e. Non-current) Assets, Total Assets, Current Liabilities, Long-term Liabilities, Total Liabilities, Shareholders Equity, and Total Liabilities & Equity. Accounts Payable Accounts Receivable Cash Common Stock Equipment, net of depreciation Fixed Operating Expenses Interest Expense Inventory Land Long Term Debt Sales Revenue Retained Earnings Tax Expense Taxes Payable Variable Expenses Wages Payable 36,000 25,500 Cash 18,000 Accounts Receivable 45,000 Equipment 60,000 33,000 3,000 57,000 36,000 60,000 285,000 31,500 12,000 21,000 216,000 3,000 Assets Sales Revenue Net Income Total Assets 10 points 2. Then, using the income statement accounts above, create an income statement using the Contribution Margin approach. Do not stop at Operating Income. Complete the Income Statement down to Net Income. Income Statement Balance Sheet 285,000 18,000 25,500 60.000 Liabilities Account Payable Long Term Debt Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Equity Total Liab+Equity

Uaing only the balance sheet accounts below, create and balance the Balance Sheet gtven the data belew. Inchude the accoumt names in your table. (Aint: if it is not balancing you have made ay error.) Show totah toe the following Categoriei: Current Aseis, Fixed (i,e. Non-zarrent) Asseto, Fotal Aurets, Current Liabilieies. Loneterm Liabilities, Total Liabitities, Sharehelders Eouity and Total Liabulitias fi Fauitu 10 points 2. Then, using the income statement accounts above, create an income statement using the Contribution maghor approach. bo not stop at operating Income. Complete the Income Statement dowa to Net lncoete