Constructing Financial Statements from Account Data Barth Company reports the following year-end account balances at December 31, 2011. Prepare the 2011 income statement and the balance sheet as of December 31, 2011. Accounts payable $19,200 Inventory $43,200 36,000 Accounts receivable Bonds payable, long-term 240,000 Land 96,000 Goodwill 9,600 181,200 Retained earnings 72,000 Buildings Cash Common stock Cost of goods sold Equipment 57,600 180,000 Supplies inventory 216,000 Supplies expense 84,000 Wages expense Sales revenue 480,000 3,600 7,200 48,000 Barth Company Income Statement For Year Ended December 31, 2011 Sales revenue Expenses Cost of goods sold 216,000 Wages expense 48,000 Supplies expense 72,000 Total expenses Net income Assets $ 480,000 336,000 $ 0 Barth Company Balance Sheet December 31, 2011 Cash $ 57,600 Accounts receivable 60,000 Supplies inventory 3,600 Liabilities and equity 0 Equipment Total current assets 121,200 Buildings Common stock 180,000 Total liabilities = $ 84,000 181,200 0 Retained earnings 0 Goodwill 72,000 Accounts payable 0 Total equity 19,200 9,600 28,800 Total assets $ 252,000 Total liabilities and equity $ 0 Please answer all parts of the question.