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Andrea has finished the accounts for the financial year: Income Statement Revenue $42000 Expenses $15000 Profit (before tax) $27000 Tax (rate = 30%) $8100

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Andrea has finished the accounts for the financial year: Income Statement Revenue $42000 Expenses $15000 Profit (before tax) $27000 Tax (rate = 30%) $8100 Profit (after tax) $18900 Balance Sheet Cash $6300 Current liabilities $51000 Other current assets $16000 Long term liabilities $13700 Long term assets $56000 Capital $12700 Retained earnings $900

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