1. Use the following information for Allied Food: Common Stock and other paid in capital Cash and Marketable Securities Other Assets Sales Debt Due for Repayment Accounts Receivables Cost of Goods Sold Accounts Payables Inventories Selling, General, and Admin Expenses Long Term Debt Deferred Income Taxes Other Current Assets Depreciation Gross Plant, Property, and Equipment Other Long term Liabilities Accumulated Retained Earnings Accumulated Depreciation Interest Expense Taxes Goodwill Other intangible Assets Addition to Retained Earnings Other Current Liabilities Treasury Stock Buyback Hint: Treasury stock buyback represents the amount Allied spent on buying back its shares. The money used to repurchase them goes out of the firm and reduces shareholder's equity. (a) Compile an income statement and balance sheet for 2019