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can you help me with the owners equity and earnings per share 52 Inometa illds Balance Sheet BBBB, Inc.nsnRto Iner December 31, 2019 Assets Liabilities

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52 Inometa illds Balance Sheet BBBB, Inc.nsnRto Iner December 31, 2019 Assets Liabilities Current Liabilities Taxes Payable Note Payable-Land Total Current Liabilities Current Assets Cash Merchandise Inventory Total Current Assets $ 151,000 8,000 159,000 $ 18,600 28,000 46,600 Fixed Assets Land Long-Term Liabilities Note Payable-Bank Total Liabilities 30,000 100,000 146,600 Other Assets Security Deposit 6.000 Owners' Equity Common Stock (100 shares) Retained Earnings Total Owners' Equity Total Liabilities and Owners' Equity 5,000 43,400 48,400 $195.000 Total Assets $ 195.000 During 2020 the company Purchased 15,000 biffs at $8 each. Paid $100,000 cash and will pay $20,000 next year. Sold 11,000 biffs at $20 each Paid the $28,000 note on the land plus $2,000 interest Paid rent of $12,000 Paid salaries of $36,000 Issued 100 shares of common stock for $10,000 on June 1. On December 31, bought a truck for $40,000, cash. On December 31, paid $50,000 on the note payable to bank and $10,000 interest. Paid 2019 taxes Tax rate is 30% and 2020 taxes will be paid in 2021

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