In its closing financial statements for its current year in business, ABC Enterprises, had cash of $$250,$ accounts receivable of $$860,$ inventory of $$855,$ net fixed assets of $$3,410,$ accounts payable of $$730,$ short$-$term notes payable of $$750,$ long$-$term liabilities of $$1,100,$ common stock of $$1,130,$ retained earnings of $$1,605,$ net sales of $$2,768,$ cost of goods sold of $$1,210,$ depreciation of $$160,$ other operating expenses of $$200,$ interest expense of $$160,$ taxes of $$312,$ addition to retained earnings of $$508,$ and dividends paid of $$218.$

From the information provided create the company's income statement and balance sheet in proper accounting format. Note: If you have forgotten how financial statements are presented, go back and review what financial statements look like. Points will be deducted if your financial statements are not laid out correctly.