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AL Batinah company following financial information in its annual reports for the period ending March 31, 2008. It produced sales of OMR 1,450,000; cost of

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AL Batinah company following financial information in its annual reports for the period ending March 31, 2008. It produced sales of OMR 1,450,000; cost of goods sold OMR 812,500, operating expenses of OMR 175,000, and interest expenses of OMR 89,575. The firm had cash and marketable securities of OMR 25,135, accounts receivables of OMR 43,758, inventory of OMR 167,112, net fixed assets of OMR 325,422, and other assets of OMR 13,125. It had accounts payables of OMR 67,855, notes payables of OMR 36,454, long-term debt of OMR 223,125, and common stock of OMR 150,000. Prepare Balance sheet statement of AL Batinah company if the tax rate 35 percent and return earning OMR 97,118

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