2) Fort Road Foxtrot's adjusted trial balance for December 2018 is given. Prepare Income Statement and Balance sheet (15 marks) Inventory $ 6.500 Common stock 45,000 16,550 Operating expenses 1,350 Notes payable 600 Interest expense 900 Depreciation expertise 1,200 Net sales Accounts receivable Accounts payable Long-term debt Cost of goods sold Buildings and equipment 12,800 9,600 4.800 55,000 5,750 122.000 Accumulated depreciation 34,000 Taxes Ratained earning 1,440 15,250