3-5. (Working with an income statement and balance sheet) Prepare a balance sheet and income statement for Belmond, Inc. from the following information. Inventory $ 6,500 Common stock 45,000 Cash 16,550 Operating spenses 1,350 Short-term notes payable 600 Interest expense 900 | Depreciation expense 500 Net sales 12.300 Accounts receivable 9,600 Accounts payable 4,800 Long-term delt 55.000 Cost of goods sold 5,750 Buildings and equipment 122,000 Accumulated depreciation 34.000 1.440 General and administrative expense 850 Retained eamings