I need a classified balance sheet with the information below AND A MULTI STEP INCOME STATEMENT. THE INCOME TAX RATE FOR THE YEAR IS 35% May Inc. CORPORATION Account Balances as of December 31, 2009 ACC. DEPRECIATION- BUILDING $620,000 ACC PAYABLE $189,000 ACC REC $163,000 ACC DEPRECIATION- MACHINERY $210,000 ALLOWANCE FOR UNCOLLECTIBLES ACCOUNTS $8,000 BUILDING $1,550,000 CASH $67,000 COGS $832,000 COMMON STOCK $500,000 DIVIDNEDS PAYABLE $10,000 FRANCHISE 40,000 GENERAL ADMIN EXP 120,000 INTEREST EXP 25,000 INTEREST INCOME 12,000 INTEREST PAY 16,000 INTEREST REC 12,000 INVENTORIES 215, 000 LAND 280,00 LONG TERM INVESTMENTS 35,000 MACHINERY 637,000 NOTE REC 250,000 NOTES PAY 300,000 PAID IN CAPITAL EXCESS- COMMON 1,500,000 PATENT 152, 000 PRE PAID RENT 16,000 RESEARCH AND DEVELOPMENT 77,000 RETAINED EARNINGS 146,000 SALES DISCOUNT 30,000 SALES REVENUE 1, 450,000 SELLING EXP 123,000 SHORT TERM INVESTMENTS 182,000 TAXES PAYABLE 40,000 UNEARNED REVENUE 60,000 a compenent of an entity to be sold in 6/1/10 with a fair value minus anticipacted costs to sell of 650,000 and a current book value of $800,000. thus the component incurred a 150,000 loss from operations during year. a fired caused 50,00 in damage to the building. seperately an earthquake caused 100,000 in property damage to one of the machines in which the gain was deemed material and the event was considered usual infrequent. the cash account includes 30,000 set aside in a fund to pay bonds payable mature in 2012 and 30,000 set aside in a 33 month t bond. accounts recievable includes $20,000 notes receivable from a customer due in 2012 one of the companys factories are closed during the year restructing costs incurred 125,000 The note receivable is due in installments of $50,000, payable on each September 30. Interest is payable annually. Short-term investments consist of marketable equity securities that the company plans to sell in 2010 and $50,000 in treasury bills purchased on December 15 of the current year that mature on February 15, 2010. Long-term investments consist of marketable equity securities that the company does not plan to sell in the next year. Unearned revenue represents customer payments for extended service contracts. Eighty percent of these contracts expire in 2010, the remainder in 2011. Notes payable consists of two notes, one for $100,000 due on January 15, 2011, and another for $200,000 due IN 4 ANNUAL INSTALLMENTS OF 50,000 EACH WITH THE FIRST PAYMENT DUE ON JUNE 30, 2010