BALANCE SHEET 2019

NET INCOME STATEMENT 2020

CASH FLOW STATEMENT 2020

Can you prepare for me the balance sheet 2020 based on the information above? Since I could not make the balance sheet 2020 be balanced. Thank you.

Balance Sheet 2019 Asset Cash $ Other current Asset $ Total Current Asset $ Fixed Asset Gross $ less accumulated Depreciation $ Fixed Asset Net $ Total Asset $ Liabilities & Equity Accounts Payable $ Equity $ Total Liabilities & Equity $ 4,400,000 4,200,000 8,600,000 6,000,000 600,000 5,400,000 14,000,000 7,000,000 7,000,000 14,000,000 6,000,000 3,000,000 Net Income Statement Sales $ less COGS $ less SGA $ EBITDA $ less Depreciation $ EBIT $ less Interest $ EBT $ less taxes 21% $ Net Income $ less Dividends $ Addition Retained Earnings $ 3,000,000 600,000 2,400,000 350,000 2,050,000 430,500 1,619,500 800,000 819,500 Cash Flow from Operation Net Income $ add Depreciation $ Increased Inventory $ Decreased Account Receiveables $ Increased Account payable $ Cash flow from Operation $ 1,619,500 600,000 (100,000) 50,000 150,000 2,319,500 Cash Flow from Investing Cash Flow from Investing Repaired Roofs $ Parking lot Pavements $ Repaired on Fixed Assets $ Total Cash Flow from Investing $ (200,000) (50,000) (150,000) (400,000) Cash Flow from Financing Issuance of Debt Decrease in equity Less Dividend Payment Total Cash Flow From Financing $ $ $ $ 1,000,000 (500,000) 800,000 (300,000) Beginning Cash Balance Net Change in Cash Ending Cash Balance $ $ 4,400,000 1,619,500 6,019,500