$($Working with an income statement and balance sheet$)$ Prepare an income statement and a balance sheet from the scrambled list of items in the popup$$ window, LOADING.... What is the$$ firm's net working capital and debt$$ ratio?

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Part $1$

Complete the income statement below.$($Round to the nearest dollar. NOTES$$: $(1)$ You may input expense accounts as negative values.$(2)$ Dividends per share and Earnings per share must be rounded to the nearest$$ cent.$)$

Income Statement

Sales

$

$550,342$

Cost of goods sold

$190,991$

Gross profits

$

Marketing, general and administrative expenses

$

$45,685$

Depreciation expenses

$37,422$

Total operating expenses

$

Operating income $($EBIT$)$

$

Interest expense

$25,554$

Earnings before taxes

$

Income taxes

$59,787$

Net income

$

Number of common shares outstanding

$120,323$

Earnings per share $($Round to the nearest cent$)$

$

Dividends paid to stockholders

$

Dividends per share $($Round to the nearest cent$)$

$$($Click on the following icon in order to copy its contents into a$$ spreadsheet.$)$

Sales

$$$$550$ comma $342$

Accumulated depreciation

$190$ comma $991$

Cash

$?$

Cost of goods sold

$320$ comma $808$

Accounts receivable

$72$ comma $970$

Depreciation expenses

$37$ comma $422$

Accounts payable

$64$ comma $490$

Interest expense

$25$ comma $554$

$$Short$-$term notes payable

$29$ comma $446$

Income taxes

$59$ comma $787$

Inventories

$47$ comma $937$

$$Marketing$,$ general, and administrative expenses

$45$ comma $685$

Gross fixed assets

$647$ comma $461$

$$Long$-$Term debt

$360$ comma $207$

Common stock

$120$ comma $323$

Other assets

$15$ comma $726$

Retained earnings

$138$ comma $450$

In$$ addition, the firm has $10$ comma $000$ shares outstanding and paid $ $15$ comma $000$ in common stock dividends during the year.