2 Use the following financial statements for Questions 1 and INCOME STATEMENT 980,000,000 770,000,000 210,000,000 62,000,000 Cost of Goods Sold Gross Margin Depreciation Other Selling, Gen.&Admin Earnings before interest and taxes Interest expense Income before taxes Taxes 65,000,000 54,000,000 Net income Dividends BALANCE SHEET Cash Accounts Receivable Inventories Prepaid Expenses 51,000,000 125,000,000 12,900,000 195,400,000 6,100,000 52,000,000 121,000,000 12,800,000 191,900,000 Current Assets Fixed Assets Total Assets 681,900,000 Accounts Payable ccrued Liabilities Current Liabilities 82,000,000 65,000,000 147,000,000 72,000,000 47.200,000 119.200,000 ong-Term Debt 308,700,000 322,500,000 mmon Stock tained Earnings Stockholders' Equity Total Liabilities and Equity 87,000,000 187.700,000 274.700.000 730,400,000 85,000,000 240.200