I tried to do it but dont know if im doing it right please help! Thank you!

MONTGOMERY INC. Comparative Balance Sheets December 31, 2018 and 2017 2018 2017 Assets Cash Accounts receivable, net Inventory Total current assets Equipment Accum. depreciation-Equipment Total assets 30,400 10,050 90,100 130,550 49,900 (22,500) 30,550 12,150 70,150 112,850 41,500 (15,300) $157,950 $139,050 Liabilities and Equity Accounts payable Salaries payable Total current liabilities Equity Common stock, no par value Retained earnings Total liabilities and equity $ 23,900 500 24,400 25,400 600 26,000 100,000 13,050 $157,950 $139,050 110,000 23,550 MONTGOMERY INC. Income Statement For Year Ended December 31, 2018 Sales Cost of goods sold Gross profit Operating expenses 45,575 (18,950) 26, 625 Depreciation expense $7,200 5,550 Other expenses Total operating expense Income before taxes Income tax expense Net income 12,750 13,875 3,375 $10,500