Income Statement, Statement of Stockholders' Equity, and Balance Sheet Pick Corporation started business on January 1, 2019. The following information was compiled by Pick's accountant on December 31, 2019: Sales Revenue $52,000 Equipment, net $31,000 Expenses 41,000 Building, net 49,000 Dividends 4,000 Accounts Payable 8,000 Cash 5,250 Notes Payable 49,500 Accounts Receivable 6,750 Common Stock 33,000 Inventory 5,500 Retained Earnings Required You have been asked to assist the accountant for the Pick Corporation in preparing year-end financial statements. Use the above information to prepare an income statement, statement of stockholders' equity, and a balance sheet as of December 31, 2019. Do not use negative signs with your answers unless otherwise noted. PICK CORPORATION Income Statement For Year Ended December 31, 2019 Sales Revenue $ 0 0 0 Net Income $ 0 Total PICK CORPORATION Statement of Stockholders' Equity For Year Ended December 31, 2019 CommonStock RetainedEarnings Balance, January 1, 2019 S 0$ Add: Net Income for 2019 0 0 Add: Issuance of Common Stock 0 Less: Dividends for 2019(use a negative sign with answers) 0 Balance, December 31, 2019 $ OS 0 0 0 0 PICK CORPORATION Balance Sheet December 31, 2019 ASSETS + $ 0 Accounts Receivable 0 0 0 $ $ Building, net Equipment, net Total Assets LIABILITIES AND STOCKHOLDERS EQUITY LIABILITIES Accounts Payable 5 . Total Liabilities STOCKHOLDERS EQUITY 0 0 0 0 0 0 Total Stockholders' Equity Total Liabilities and Stockholders' Equity $ $