Analytics Corporation was organized on January 1, current year. At the end of the current year, the following financial data are available:

Total revenues	$	298,000
Total expenses (excluding income taxes)		184,000
Income tax expense (all unpaid as of December 31)		37,000
Cash		72,150
Receivables from customers (all considered collectible)		37,000
Merchandise inventory (by inventory count at cost)		99,100
Payables to suppliers for merchandise purchased from them (will be paid during the following year)		33,450
Common stock		60,800

No dividends were declared or paid during the first year.

Complete the following two statements:

ANALYTICS CORPORATION Balance Sheet Assets Cash Receivables from customers Merchandise inventory Total assets Liabilities Payables to suppliers ANALYTICS CORPORATION Income Statement Total revenues Less: Total expenses (excluding income tax) Pretax income Less: Income tax expense Net income