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help please! The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the Income
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The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the Income statement items correspond to revenues or expenses during the year ending in either 2018 or 2019. All values are in thousands of dollars. 2010 $4,500 1.400 580 Revenue Cont of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes Accounts payable Accounts receivable Net fixed assets Long-tern debt Notes payable Dividends paid Cash and marketable securities 320 570 220 520 310 440 4,100 1,600 849 340 860 2019 $4,600 1,500 600 375 620 220 540 340 470 5.000 2,050 570 340 470 * Taxes are paid in their entirety in the year that the tax obligation is incurred. + Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Construct a balance sheet for Fincorp for 2018 and 2019. (Enter your answers in thousands of dollars.) Fincorp Inc. Balance Sheet 2019 Liabilities and Shareholders' Equity Assets 2018 2018 2019 Total liabilities $ 0 $ 0 4,100 1.600 Not fixed assets! Long-tern debt Notes payable Dividends paid Cash and marketable securities 5,000 2,050 570 340 470 340 860 Taxes are paid in their entirety in the year that the tax obligation is incurred. Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Construct a balance sheet for Fincorp for 2018 and 2019. (Enter your answers in thousands of dollars.) Fincorp Inc. Balance Sheet 2019 Liabilities and Shareholders' Equity Assets 2018 2018 2019 Total liabilities 5 0$ 0 $ O Total abilities and shareholders' equity os $ OS Total assets 0 Step by Step Solution
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