Hint: Pay attention to the sign. Instruction: Type ONLY your numerical answer. No rounding is allowed. Income Statement Garcia Corporation 20112012 4,6004,000 2,700 3,080 500400 Sales less: Operating Cost less: Depreciation Earnings Before Interest and Taxes less: Interest Earnings Before Taxes 800 1,120 800900 less: Taxes 320 360 Net Income 480540 201120112012 200 10085 Balance Sheet Garcia Corporation 2012 230 Accounts Payable 450Notes payable 700Total Current Liabilities 1,380 Long-term Debt 400400 Cash Receivable Inventory Total Current Assets 490 600500575 1,200 200200 Fixed Assets 1,500 1,500 1,6001,600 Common Stock Retained Earnings Total Liabilities and Stockholder's Equity 400 Total Assets 2,7002,880 2,700 2,880