Prepare Honeyglazed Hams, Inc's income statement for the year ended December 31 2012 and its balance sheet on that date. Let's start with the income statement.

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Honeyglazed Hams, Inc. Adjusted Trial Balance December 31, 2012 Amounts in thousands) Account Adjusted Trial Balance Debit Credit s 3,700 700 1,600 1,600 6,800 Cash Accounts receivable Inventories Prepaid expense Property. plant and equipment Accumulated depreciation Other assets Accounts paryable Income tax payable Other liabilities Common stock Retained eamings (beginning. December 31, 2011) Dvidends Sales revenue Cost of goods sold Selling, administrative, and general expense Income tax expense 2,800 9,500 7.900 500 2.400 4,600 ,700 1,500 0.900 25,000 10,300 2,100