INCOME STATEMENT

ABC Ltd$.$

For the period

January $1-$ December $31,202$X

in $

$\backslash$table$[[$Revenues$,28,120],[,$ Cost of Goods Sold,$16,000],[$Gross Margin,$12,120],[$Depreciation expense,$2,700],[$EBIT$,9,420],[$Interest$,200],[$Income Tax,$3,135],[$Net Income,$6,085],[$Dividends Paid,$4,057],[$Retained Earnings,$2,028]]$

Balance Sheet

ABC Ltd$.$

As at December $31,202$X in $

$\backslash$table$[[,202x,\backslash$table$[[202$X$-1],[($prior$]],,202x,\backslash$table$[[202x-$