Bralta Ltd. Statement of Financial Position June 30, 20x5 Cash Current liabilities 500,000 Accounts receivable Bonds payable 2,000,000 Inventories 2,500,000 Machinery (net) Common shares 1,000,000 Land and building (net) Retained earnings 250,000 3,750,000 Bralta Ltd. Bralta Ltd. Statement of Comprehensive Income Statement of Retained Earnings Year ended June 30, 20x5 Year ended June 30, 20x5 Sales Balance, beg. of year 100,000 Cost of sales Net income 200,000 300,000 Amortization expense Dividends declared 50,000 Bond interest expense Balance, end of year 250,000 Other expenses Net income