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I need some assistance Design a balance sheet and income statement for Belmond, Inc, from the following: Inventory: $6,500 Common Stock: $48,000 Cash: $19,700 Operating

I need some assistance

Design a balance sheet and income statement for Belmond, Inc, from the following:

Inventory: $6,500

Common Stock: $48,000

Cash: $19,700

Operating Expenses: $1,350

Short-Term Notes Payable: $600

Interest Expense: $750

Depreciation Expense: $500

Net Sales: $13,500

Accounts Receivable: $9,600

Accounts Payable: $5,200

Long-Term Debt: $49,300

Cost of Goods Sold: $6,250

Buildings and Equipment: $121,999

Accumulated Depreciation: $34,000

Taxes: $2,440

General and Administrative Expense: $850

Retained Earnings: ?

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