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construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019.construct the balance sheet and income statement for

construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019.construct the balance sheet and income statement for Tonka Trucking LLC for the year ending December 31, 2019.

Accounts Receivable $40,000

Depreciation Expense $50,000

Accumulated Depreciation $200,000

Cost of Goods Sold $50,000

Income Tax Expense $50,000

Cash $50,000

Sales Revenue $400,000

Equipment (Before Accumulated Depreciation) $400,000

Selling, General, and Administrative Expenses $100,000

Common Stock (1,000 shares) $100,000

Accounts Payable $50,000

Retained Earnings $100,000

Interest Expense $50,000

Inventory $10,000

Long-term Debt $50,000

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