it is asking for an income statement and balance sheet!

Zachary Company began operations on January 1 year 1, by issuing common stock for $36,000 cash During year 1, Zachary received $70,000 cash from revenue and incurred costs that required $52,000 of cash payments. Prepare a GAAP-based income statement and balance sheet for Zachary Company for year 1. for the below scenario c. Zachary is a manufacturing company The $52,000 was paid to purchase the following items: (1) Paid $3,100 cash to purchase materials that were used to make products during the year. (2) Paid $3,280 cash for wages of factory workers who made products during the year (3) Paid $26,520 cash for salaries of sales and administrative employees (4) Pald $19,100 cash to purchase manufacturing equipment. The equipment was used solely to make products. It had a four-year life and a $2,300 salvage value. The company uses straight-line depreciation (5) During year 1, Lang started and completed 2,300 units of product. The revenue was earned when Lang sold 1,900 units of produft to its customers. Complete this question by entering your answer in the tabs below. Income Statement Balance Sheet Prepare an Income Statement