Case 11-17 (Algo) Analytical case-complete an income statement and balance sheet using financial ratio data Financial ratios computed for Whittaker Inc. include the following: - All sales during the year were made on account. Cash collections during the year exceeded sales by $15,000, and no uncollectible accounts were written off. - The balance of the accounts receivable account was $43,000 on January 1,2020. - No common stock was issued during the year. - Dividends declared and paid during the year were $3,500. - The balance of the inventory account was $29,520 on January 1,2020. - Interest expense on the income statement relates to the 15% bonds payable; $10,000 of these bonds were issued on May 1, 2020; the remaining amount of bonds payable were outstanding throughout the year. All bonds were issued at face amount. Required: a. Complete the income statement and balance sheet for Whittaker Inc. Required: a. Complete the income statement and balance sheet for Whittaker Inc