Barth Company reports the following year-end account balances at December 31, 2011. Prepare the 2011 income statement and the balance sheet as of December 31, 2011. Accounts payable Accounts receivable Bonds payable, long-term Buildings Cash Common stock Cost of goods sold Equipment $19,200 Inventory $43,200 36,000 Land 96,000 240,000 Goodwill 9,600 181,200 Retained earnings 72,000 57,600 480,000 Sales revenue 180,000 Supplies inventory. 3,600 216,000 Supplies expense 7,200 48,000 84,000 Wages expense