At the end of 2017, the Halo Company has $100,000 in accumulated depreciation and $120,000 in retained earnings. 2018 Sales $600,000 2019 $700,000 Notes Payable 45,000 75,000 Tax Rate 40% 40% Gross Fixed Assets $800,000 Total Current Liabilities 330,000 $1,000,000 290,000 Interest Expense 30,000 40,000 Cash 20,000 30,000 Accounts Payable 190,000 160,000 Total Current Assets 340,000 320,000 Total Liabilities 400,000 380,000 Net Income 24,000 48,000 Accounts Receivable 140,000 160,000 Dividends 14,000 18,000 Operating Expenses before 70% of sales 70% of sales Depreciation/Amortization Complete the Income Statement and Balance Sheet