Current Liabintles

Accounts payable

Acenued taxes

Total Current Liablities

Long$-$ferm Llabllities

Mortgage

Total Lono$-$Term Uabilites

Total Labinties

Owners' Equily

Common ahares

$[1,190,000],[321,000]$

Tetal Owners' Equity

Total Llabilities and Owners' Equily

$1,890,000$

Now complete the income statement. $($Round amounts to the nearest whole dollar. Use parenthases or a minus sign for a net less.$)$

Salvador ind.stres

thoomb Sistemant for the Year Ended Jana $30,2020$

Revenues

Gross income trom sales

Less

$7\mathrm{.}445\mathrm{.}000$