-- Given Data: Depreciation Expense $66,000.00 Cash $225,000.00 Long-Term Debt $334,000.00 Sales $573,000.00 Accounts Payable $102,000.00 General & Administrative Expense $79,000.00 Buildings & Equipment $895,000.00 Notes Payable $75,000.00 Accounts Receivable $167,500.00 Interest Expense $4,750.00 Accrued Expenses $7,900.00 Common Stock $289,000.00 Cost of Goods Sold $297,000.00 Inventory $99,300.00 Taxes $50,500.00 Accumulated Depreciation $263,000.00 Taxes Payable $53,000.00 Retained Earnings $262,900.00 a. Prepare an income statement for the Warner Company. Warner Company Income Statement Sales Cost of Goods Sold Gross Profit Expenses General & Administrative Expense Depreciation Expense Total Operating Expenses Net Operating Income Interest Expense Earnings Before Taxes Taxes Net Income b. Prepare a balance sheet for the Warner Company. Warner Company Balance Sheet