Create the Balance Sheet and Income Statement based on the following information.

ITEM	2013	2012
Accounts Receivable	2,000	1,500
Accounts Payable	500	750
Accumulated Depreciation	1,500	1,000
Accruals	750	500
Additional Paid-in-Capital	4,500	3,500
Cash	???	1,000
Common Stock at Par @$0.10	750	500
Cost of Goods Sold (COGS)	3,500	3,000
Depreciation Expense	???	750
Gross Fixed Assets	6,000	5,000
Interest Expense	750	500
Inventory	1,500	2,500
Long Term Debt	750	1,500
Managerial Expense	750	500
Notes Payable	500	750
Retained Earnings	1,750	1,500
Sales	6,000	5,000
Taxes	200	50