Mank's Hardware has the following balances in the company ledgers for the year ending December 31, 2020 Account Amountains Mortgage 85,000.00 Prepaid insurance Expense 2,000.00 Short-term investment 5,000.00 Common Shares 15,000.00 Cash 5,000.00 Advertising Expense 50,000.00 Accounts Receivable 15,000.00 Sales 650,000.00 Accounts Payable 12,000.00 Building(Net) 100,000.00 Cost of Goods Sold 320,000.00 Note Payable (due in 9 months) 10,000.00 Retained Earnings (Jan 1, 2020) 10,000.00 Interest Expense 10,000.00 Land 27,000.00 Office Salaries 70,000.00 Sales Salaries 100,000.00 Supplies expense 20,000.00 Insurance Expense 10,000.00 Depreciation Expense 20,000.00 Income Tax Expense 10,000.00 Dividends Payments 8,000.00 Rental income 15,000.00 inventory Depreciation Expense income Tax Expense Dividends Payments 20,000.00 10,000.00 8,000.00 15,000.00 25,000.00 Rental income Inventory On the basis of the information provided calculate the following Sales Revenue Cost of goods sold Gross Profit Operating Expenses Net Operating Income Other Revenue and Expenses Earning Before Taxes Net Income Retained Earnings, December 31,2020 Current Assets Non-Current Assets Total Assets Liabilities Non-Current Liabilities Total Liabilities Shareholders' Equity Total Liabilities and Shareholders' Equity