21.643 1.6601 2- Prepare the income statement and balance sheet of Sport WEAR inc. With the following data: All amounts are expressed in $ million. (This information is provided for you to understand the size of the company. Do not use million dollars in your answers.) Tools, installations 950 debts 3.610 Income Tax to be paid/calculated |XXXX general and administrative expenses 1 3.100 Building 2.450 Interest Earnings 77 Bank: 2.000 Cost of the goods sold Accounts Receivable 4.270 Factory building 5.900 Wages/Salaries 4.700 Due to employees Prepaid expenses 674 Capital 3.560 Trade goods 5.620 Interest expenses 49 Long-term debt 6.810 vehicles 800 Rent 1702 Lands 1.120 Accumulated Depreciation 4.730 Net Sales 39.117 Safe 2.466 Advertising expenses 3.200 Advances Received 1.640 Past year profits 1.640 Computers 250 Stocks investments) 1.500 Intangible assets/Patents 450 2019 Net Profit XXXX Tip: Prepare the Income Statement first. Because you will need income statement results while preparing the balance sheet. You may need to use some of the amounts stated above both in the income statement and in the balance sheet. Income statement