COMPREHENSIVE PROBLEM: Using the data below, please create in proper form, all financial statements, excluding the statement of cash flows. You can use the Company Name, Accounting 101 and year end 2019.

You will have to make calculations; remember your financial statement linkages and the order in which the statements are prepared. This problem is worth 25 points and all work needs to be shown to receive full credit.

Cost of goods sold		112,258
Accrued expenses		18,453
Retained earnings 12/31/18		123,549
Dividends Paid		76,378
Accounts payable		30,196
Other assets		3,764
Notes receivables		9,759
Short-term investments/assets		11,233
Selling Expenses		6,041
Long Term Debt		3,031
Total operating expenses (check point)		18,034
Short term bank loan		6,308
Operating income (check point)		54,056
Goodwill		4,616
Interest Expense		13,973
Deferred revenue		8,491
Cash and cash equivalents		13,844
General and administrative expenses		11,993
Prepaid Taxes/Assets		4,318
Other current assets		9,806
Long-term investments/assets		130,162
Property, plant and equipment, net		20,624
Intangible assets, net		4,142
Bonds Payable, due 2024		28,987
Other non-current liabilities		24,826
Net sales		184,348
Inventories		2,111
Rent Revenue		980
Common stock and additional paid-in capital, $0.00001 par value; 12,600,000 shares authorized; 5,866,161 and 6,294,494 shares issued and outstanding, respectively		23,313
Retained earnings 12/31/19 (check point)		88,234
Net Income 12/31/19		??
Accounts receivable, less allowances of $86 and $99, respectively		17,460