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2018 2019 Cash 28,167 24,164 Accounts payable 7,020 10,300 Cost of goods sold 214,000 253,900 Salaries 109,000 144,000 Depreciation 35,981 40,280 Interest expense 6,256 6,430
2018 2019 Cash 28,167 24,164 Accounts payable 7,020 10,300 Cost of goods sold 214,000 253,900 Salaries 109,000 144,000 Depreciation 35,981 40,280 Interest expense 6,256 6,430 General, selling and administrative 52,143 66,450 Rent expense 60,000 76,000 Net fixed assets 250,000 430,029 Sales 857,930 985,000 Accounts receivable 28,870 65,000 Long-term debt 125,000 128,700 Inventory 43,000 47,000 New equity 50,000 Table 1: Assembled financial information from OKS Pte Ltd Using the information from Table 1, compute OKS Pte Ltd's balance sheet for 2018 and 2019, and the income statement for the year 2019
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