Make an income statement and balance sheet with the following information.

Estimated Sales for the month=$17,461.07

Estimated Sales

Lipsticks (210 units at $6.32 each)=$1,327.20

Lip glosses (189 units at $6.98 each)=$1,319.22

Blushes (152 units at $8.99 each)=$1,366.48

Eye Liners (73 units at $2.77 each)=$202.21

Eye Shadow pallets (200 units at $19.99 each)=$3,998

Body Scrubs (400 units at $8.95 each )=$3,580

Moisturizers (204 units at $11.99 each)=$2,445.96

Soaps (900 units at $3.58 each)=$3,222

Estimated Sales for the month=$17,461.07

Initial Capital and Start-Up Expenses	Amount
Rent Expense	$40,049.00 (monthly)
Payroll Expense	$281,840.00 (10 employees monthly)
Marketing Expense	$41,406.00
Permits	$5,000.00
Furniture and Fixture	$35,624.78
Office Supplies	$17,389.82
Total Cost:	$421,309.60

Fixed Assets:

Tools and Equipment:
4-5 lipstick filling machines	$450 (90 each)
34 different pigments	$337.50
lipstick/gloss tubes (2000 pieces)	$1,100
Jars (4000 pieces)	$3,120
Bottles (3000)	$750
50 different scents fragrances	$152.50
10 gallons of lip gloss base	$399.9
2 storage units of products	$180 per month, per unit
Total	$6669.9

Merchandise in stock:

Lipsticks (21 different shades, 210 in stock)	$1,327.20
Lip glosses (42 different colors, 189 in stock)	$1,319.22
Blushes (22 different shades, 152 in stock)	$1,366.48
Eye liners (73 in stock)	$202.21
Eye shadow pallets (5 different pallets, 200 in stock)	$3,998
Body Scrubs (18 unique scrubs, 400 in stock)	$3580
Moisturizers (11 unique moisturizers, 204 in stock)	$2,445.96
Soaps (34 different soaps, 900 in stock)	$3,222
Total	$17461.07

Current Assets:

Cash	$53,980.89
Accounts Receivable	$4,240.79
Total	$58,221.68