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Income statement and balance sheet data for Great Adventures, Inc, are provided below Income Statement For the Year Ended December 31, 2020 Revenues: Service revenue (clinic, racing, TEAM) Sales revenue (MU watches $539,000 114,000 Total revenues $653,000 Expenses Cost of goods sold (MU watches) Operating expenses Depreciation expense Interest expense Income tax expense 68,000 304,076 48.000 29,524 55,800 Total expenses 505.400 Net income $147600 GREAT ADVENTURES, INC Balance Sheets December 31, 2020 and 2019 Increase ( or Decrease (D) 2020 2019 Assets Current assets: S301,380136.000 165,380 0 9000 ( Cash