Give the following information about company ABC YEAR END 2020, CREATE 1. INCOME STATEMENT 2. ST OF RETAINED EARNINGS 3. ST OF OWNERS EQUITY 4. BALANCE SHEET 5. CALCULATE AND INTERPRET CURRENT RATIO 50% 1500 500 BEG RE 500 DIVIDENDS 300 DRAWINGS 200 TOTAL OE 2000 1500 500 1700 700 20% 4000 Gross profit MARGIN FA ASSETS ACCUMULATED DEPRECIATION FA LONG TERM INVESTMENTS COPYRIGHTS PATENTS PATENTS ACCUMULATED AMORTIZATION Tax rate NWC IMPAIRMENT EXPENSES DERECIATION EXPENSES AMORTIZATION EXPENSES GAIN DUE TO SALE OF FA RENT EXP SALARY EXP Debt to equity ratio NET Sales LOSS DUE TO SALE OF INV INTEREST EXP 150 70 50 120 60 15 4 TO 1 4300 100 25