A water utility has a book value of its facilities of $$500$ million. The accumulated depreciation at the end of year $2021$ is $$200$ million. During its operations in year $2022,$it had revenues of $$30$ million and expenses of $$20$ million. The additional depreciation during $2022$ was $$15$ million. Prepare:

$1.$ An income statement for $2022$

$2.$ A balance sheet to show the year$$s end on December $31,2022$