A B C D E F G Name of the Business => Tea Corporation Year-Ending => December 31, 2025 Hints: * You might need to change the signs found in the pivot table to create your statements. *Do not forget to include net income in the final retained earnings number on the balance sheet. Project Checklist 1 Create the Income Statement 2 Create the balance sheet 3. The pivot table, the income statement, and the balance sheet will need to be on the same worksheet page. 3. Row Labels - sum of DR/CR 4 100---Cash 49875640 5 115--Accounts Receivable 4250800 6 116--Allowance for Doubtful Accounts -34500 7 120---Inventory 288000 8 130---Prepaid Insurance 60000 9 135---Prepaid Rent 55000 10 140 - Investments 275000 11 160---Property, Plant, & Equipment 1200000 12 165 ---Accumulated Depreciation -456000 13 170-Patent 195000 14 200---Accounts Payable -180000 15 205-Salary Payable -65000 16 210--Unearned Revenue -50500 17 230---Notes Payable (short-term) -90000 18 240---Bonds Payable - 1600000 19 250---Common Stock -7440000 20 255---Additional Paid-in-Capital - Common Stocl -9000000 21 260--Preferred Stock -30000 22 265 ---Additional Paid-in-Capital - Preferred Stoc -450000 23 270---Retained Earnings -715340 24 275---Treasury Stock 500000 25 300---Sales -44798700 26 307 ---Sales Discounts 6000 27 308 Sales Returns & Allowances 12000 28 320-Interest Revenue -35000 29 325---Dividend Revenue -3600 30 330 ---Gain on Sale of Equipment -45000 31 400 --Cost of Goods Sold 7016200 32 410---Salary Expense 314950 33 415--Salary Administrative Expenses 491350 34 420---Utilities Expense 50000 35 425---Rent Expense 100000 36 430--Depreciation Expense 160000 37 440---Amortization Expense - Patent 70000 38 460---Bad Debt Expense 1200 39470--Loss on Sale of Land 65000 40 480---Interest Expense 7500 41 Grand Total 0 42