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$132.000 22.500 $154,500 $120.000 18000 $138.000 Accounts payable Salarios payable Total current e s Long-tombres Mortgage note payable Total Des Owner's Equity Brown, capital Total

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$132.000 22.500 $154,500 $120.000 18000 $138.000 Accounts payable Salarios payable Total current e s Long-tombres Mortgage note payable Total Des Owner's Equity Brown, capital Total abilities and owners equity 99.000 $253,500 87.000 $225,000 63.000 $216.500 82,500 107.500 16 4. Prepare an income statement for Hansen Realty for the year ended December 31, 2020. Beginning inventory was $1.248. Ending inventory was $1.600. LU 16-2(1) $34.900 Sales Sales returns and allowances Sales discount Purchases Purchase discounts Depreciation expense Salary expense Insurance expense Utilities expense Plumbing expense Rent expense 1.092 1.152 10,512 540 115 5.200 2.600 210 250 180 436

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