complete the following two statements:

Painter Corporation was organized by five individuals on January 1, 2013. At the end of January 2013, the following monthly financial data are available: Total revenues Total expenses (excluding income taxes) Income tax expense (all unpaid as of Cash balance, January 31, 2013 Receivables from customers (all considered Merchandise inventory (by inventory count at Payables to suppliers for merchandise 5,000 196,000 32,700 66,750 32,700 95,900 January 31) collectible) cost) purchased from thenm 27.150 will be paid during February 2013) Common stock (2,600 shares) 69,200 No dividends were declared or paid during 2013. Required: Complete the following two statements: Income Statement For the Total revenues Less: Total expenses (excluding noome tax Pretax income Less: Income tax expense Net income Balance Sheet Assets Cash Receivables customers Total assets Liabilities Payables to Income taxes payable Total iabi ities Stockholders' Equity Common stock Retained earnings Total stockholders' equit Total iabilities and stockholders