A firm has 52.900.000 in assetsThe firm is financed with 55% debt and 45% equity The interest rate on the firm's debt is 8%. The firm's tax rate is 10% The firm has $4,500,000 in sales revenue Cost of goods sold (COGS) is $3,300,000 Depreciation is $185,000 a Construct the firm's income statement Sales - Cost of goods sold Depreciation Earnings before interest and taxes - Interest Earnings before taxes - Taxes. Net Income Number of shares outstanding 1,000,000 Price per share: $52.00 Balance Sheet Cash $165.000 Accounts rec 340,000 Inventory 262.000 Total current assets 767 000 Accounts payable Notes payable Total current Liabilities Long-term debit Total debt Common stock Retained earnings Total Common Equity Total liabilities & Equity $300.000 337 350 $637 350 957 650 1.595.000 1.198,550 106 450 1,305,000 52 900.000 Fixed assets 2133.000 Total assets $2.900.000 human habos to the industry averages