Question: Using the table below create SinCo's Income Statement and Balance Sheet for the Prior Year and Current Year, and then answer the questions that are

 Using the table below create SinCo's Income Statement and Balance Sheet
for the Prior Year and Current Year, and then answer the questions

Using the table below create SinCo's Income Statement and Balance Sheet for the Prior Year and Current Year, and then answer the questions that are below. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Current Year 5600 2,520 525 340 580 172 2,200 Prior Year Revenue $4,000 Cost of Good Sold 1,600 Depreciation 500 Inventory 300 SG&A 1500 Interest Expenses 150 Common Stock and Paid in Capital 2.200 Federal and State 400 Taxes (35% of EBT) Accounts Payable 300 Accounts Receivable 400 Net Fixed Assets 5,000 Retained Earnings 11.000 (Balance Sheet) Long Term Debt 2,000 Notes Payable 1.000 Dividends Paid 410 Cash 1800 340 450 15000 2500 1950 410 761.95 Balance Sheet Questions: What is SinCo's current year's Retained Earnings What is the current year's Total Liabilities and Shareholders Equity What is Sin Co's current year's Total Assets What is SinCo's current year's Cash Balance What is Sin Co's current year's Total Current Assets

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