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1. Some of the accounts balances are missing. Please use the structure of the statements and the relationship between accounts to find the missing balances.
1. Some of the accounts balances are missing. Please use the structure of the statements and the relationship between accounts to find the missing balances. Income Statement Balance Sheet 2019 2019 2018 Total Revenues 1,000 Cash 100 80 Cost of goods sold 350 AR 50 20 Labor cost 150 Inventory ? 100 Operating expense 400 Total current assets 300 200 Income from operations ? Fixed assets ? 450 Interest expense 10 Total assets 800 ? Income before Income Taxes 90 Total current liabilities 250 150 Income tax 18 Long-term liabilities 400 300 Net income $72 Total Stockholders' Equity ? 200
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