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Given the following balances, Statement of Profits and Loss? Balances 1. Cash $ 610,000 2. Suppliers $ 1,811,000 3. Clients $ 2,610,000 4. Negotiable Securities

Given the following balances, Statement of Profits and Loss?

Balances

1. Cash $ 610,000

2. Suppliers $ 1,811,000

3. Clients $ 2,610,000

4. Negotiable Securities $ 790,000

5. Prepaid Expenses $ 120,000

6. Letters to Pay $ 750,000

7. Land $ 18,000,000

8. Machinery $ 17,610,000

9. Accumulated Depreciation $ 1,920,000

10. Right of Keys $ 240,000

11. Investments in Other Companies $ 3,300,000

12. Bank $ 880,000

13. Obligations with the Bank $ 4,200,000

14. Goods $ 4,350,000

15. Income Tax Payable $ 360,000

16. Various Creditors $ 1,800,000

17. Obligations with Banks L / P $ 4,000,000

18. Paid Capital $ 17,796,148

19. Reserves $ 600,000

20. Accumulated Earnings $ 360,000

21. Sales $ 24,000,000

22. Cost of Sales $ 14,400,000

23. Administrative and Sales Expenses $ 2,520,000

24. Fixed Asset Sales Profit $ 150,000

25. Financial Expenses $ 1,228,500

26. monetary correction S.A. $ 960,000

27. Income Tax $ 1,148,648

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