Accounts payable Accounts receivable Accrued expenses Accumulated depreciation Cash Common equity Cost of goods sold Current assets 180,000 350,000 35,000 400,000 50,000 480,000 1,200,000 625,000 Current liabilities 365,000 480,000 800,000 120,000 70,000 225,000 580,000 360,000 550,000 800,000 250,000 1,200,000 2,000,000 150,000 1,425,000 1,425,000 Earnings before taxes Gross profit Income taxes Interest expense Inventories Long-term debt Net income Net operating income Net plant and equipment Operating expenses Plant and equipment Revenues Short-term notes payable Total assets Total liabilities and owner's equity a. Reconstruct the income statement and balance sheet of the Marion Corporation from the scram- bled list of statement entries found above. b. How profitable were Marion's operations during 2009? c. How does Marion finance its assets