Balance Sheet

Current assets

Cash $1,050,000$

Acc receivable not given

Inventories $1,500,000$

Fixed assets $4,280,000$

TOTAL ASSETS $7,500,000$

Current liabilities

Acc payable not given

Long$-$term debt $2,300,000$

Common stock $600,000$

Retained earnings $3,960,000$

TOTAL IIAB and EQUITY $7,500,000$

Income Statement

Sales $22,500,000$

Operating expense $18,680,000$

EBIT $3,820,000$

Interest expense $230,000$

EBI $3,590,000$