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Balance Sheet as of December 31, 20x2 Assets Liabilities Interest payable loan payable total liabilities Stock Holders Equity begin{tabular}{lrr} & $228,00 multicolumn{1}{c}{ Capital Stock

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Balance Sheet as of December 31, 20x2 Assets Liabilities Interest payable loan payable total liabilities Stock Holders Equity \begin{tabular}{lrr} & $228,00 \\ \multicolumn{1}{c}{ Capital Stock } & 0 \\ retained & type \\ \hline earnings & & \\ total stockholders equity & 238,000 \\ \hline Total liability and stockholders equity & $600,000 \\ \hline \end{tabular} Complete the following financial statement: Income Statement for the Year Ending December 31, 20X2

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