GREAT ADVENTURES, INCORPORATED Income Statement For the Year ended December 31, 2025 Net sales revenues Interest revenue Expenses: cost of goods sold Openating expenses Depreciation expense Interest expense Incone tax expense Total expenses Net income 8.164,150 GREAT ADVENTURES, INCORPORATED Balance Sheets December 31,2025 and 2024 2025 2024 Assets Current assets: Cash Accounts receivable Inventory other current assets $180,568 $64,500 Long-term assets: Land Buildings Equipment Accumulated depreciation Total assets 47,600 7,000 960 4,560 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable other current liobilities Notes payable (current) Notes poyable (Long-term) 500,000 800,009 0 62,060 \begin{tabular}{rr} 800,000 & 0 \\ 62,000 & 40,000 \\ (25,250) & (8,000) \\ \hline$1,572,818 & $101,000 \\ \hline \end{tabular} Stockholders' equity: Common stock Pald-in capital Retained earningo Treasury stock Total Mabilities and stockholders' equity $20,800 750 14,500 21,000 48,014 475,869 12e, 06e 904,000 57, 385 (90, 000) 81,572,818 \$. 2,800 750 14,000 14,00 0 0 30,000 20,000 33.45e0 answers to 1 decimal place.)