I need help calculating the income statement

Required Al | Required A2 Complete the balance sheet for Whittaker Incorporated. Current assets: Cash Accounts receivable, net Inventory Total current assets Property, plant, and equipment, net Total assets Current liabilities Bonds payable, 15% 71,000 Total liabilities $ 151,000 Stockholders' equity: Common stock, $4 par value $ 15,000 Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Financial ratios computed for Whittaker Incorporated include the following: Current ratio 2.0t0 1 Acid-test ratio 1.2to 1 Debt/equity ratio 2.0to 1 Inventory turnover 3.4 times Accounts receivable turnover 5.7 times Times interest earned 5.00 times Gross profit ratio 20% Return on investment 14.73% Earnings per share $ 8.66 All sales during the year were made on account. Cash collections during the year exceeded sales by $13,000, and no uncollectible accounts were written off. The balance of the accounts receivable account was $49,000 on January 1, 2023. No common stock was issued during the year. Dividends declared and paid during the year were $5,864. The balance of the inventory account was $50,000 on January 1, 2023. s Interest expense on the income statement relates to the 15% bonds payable; $10,000 of these bonds were issued on May 1, 2023; the remaining amount of bonds payable were outstanding throughout the year. All bonds were issued at face amount. Required: a. Complete the income statement and balance sheet for Whittaker Incorporated. Complete this question by entering your answers in the tabs below. Required Al : Required A2 Complete the income statement for Whittaker Incorporated. Sales Cost of goods sold Gross profit Operating expenses Income from operations Interest expense Income before taxes Income taxes (20%) Net income Required A2 > Complete this question by entering your answers in the tabs below. Required A1 | Required A2 Complete the income statement for Whittaker Incorporated. Sales $ 242250 @ Cost of goods sold 193,800 & Gross profit $ 48450 @& Operating expenses 20,000 e Income from operations $ 28,450 e Interest expense 10,650 6 Income before taxes $ 17,800 9 Income taxes (20%) 3,560 Net income $ 14240