Below are a Balance sheet and Income Statement for XXX Company for the year ended 31 Dec 2012 Balance Sheet Current assets Current Liabilities Cash S $60,000 ???? Accounts and Notes Payable 50,000 Credit Banks AR 30,000 Short Term Investments 4,000 Short Term Loans 35,000 Inventory 6,000 NoncurrentLiabilities Noncurrent Assets Long Term Loans 70,000 Long Term Investments 40,000 Owners Equity Land 200,000 Capital ???? Total assets S355.000 Total Liabilities& Owners Equity 5%??? 50000 Income statements Sales revenue - Cost of Goods Sold Gross Profit 30000 8,000 -Operating Expenses Net profit before tax 22,000 - Tax ???? Net income 15,000 You are required to compute: Cash= $ Capital-$ Total Liabilities& Owners Equity = $ Cost of Goods Sold - $ Tax = $