Account Balance

Accounts Payable* $62,000

Accounts Receivable* $41,000

Accumulated Depreciation - PPE* $116,000

Accumulated Other Comprehensive Income* $17,000

Additional Paid in Capital* $159,000

Amortization Expense $5,000

Cash and Cash Equivalents * $79,000

Common Stock* $6,000

Cost of Goods Sold $1,650,000

Depreciation Expense $20,000

Dividends $8,000

Gain on Sale of Discontinued Operations $60,000

Gain on Sale of Held-To-Maturity Securities $1,000

Goodwill* $26,000

Impairment of Intangible Assets $40,000

Interest Expense $10,000

Interest Revenue $2,000

Inventory* $88,000

Long-Term Debt* $115,000

Long-Term Investments* $18,000

Loss on Currency Translations $14,000

Loss on Operations from Discontinued Segment $145,000

Other Current Assets* $9,000

Patents, net* $28,000

Prepaid Expenses* $15,000

Property, Plant, and Equipment* $255,000

R&D Expense $90,000

Restricted Cash* $16,000

Restructuring Charges $65,000

Retained Earnings* $75,000

Revenues $2,550,000

Selling, General, and Administrative Expenses $480,000

Short Term Investments* $25,000

Short-Term Notes Payable* $68,000

Treasury Stock $42,000

Unearned Revenues* $24,000

Unrealized Gain in Value of Derivative Securities $2,000

Unrealized Loss on Trading Securities $2,000

Note: The company also has a 20% tax rate and 500,000 shares outstanding.In addition, they have 150,000 shares available via stock options.$18,000 of the Long-Term Debt is due within the next 12 months.All Prepaid Expenses will be used in the next 12 months and all Unearned Revenues will be earned in the next 12 months.

Using this information, make a balance sheet and income statement.