NEED HELP! need income statement and balance sheet! ty!

Now that operations for outuoor cinics and TEAM events are running smoothly, Suzle thinks of another area for business expansion. She nosces that a few clinic particpants wear multuuse (MU) watches. Beyond the normal timekeeping features of most watches; MU watches are able to repont temperature, altutude, and barometnc pressure. MU watches are waterproof, so molsture from kayaking. rain, fishing, or even diving up to 100 feet won't damage them. Suzle decides to have MU watches avallable for sale at the start of each cinik. The following transactions relate to purchases and sales of watches during the second half of 2025 . All watches are sold for \$500each. 301y is 2uay 12a cucust 22 Lugust 22 Seprenter 19 Pald for watches purchsed on July 17 . Septenber 27 pecelve cash of $9, vov for wasches sold on account an Augut 22. Novemer ze \$old 98 watcher fon $45, vab cash. Deserster 4 Oecrenter 8 Purchased 50 watches for $7,500 (\$1Se per watch) oe accouat. Sold 40 watches for $20, ove cash. Surchased 40 watches for $6,40a (\$100 pen watch) cash. 5ojdale wateches for \$15,0et on account: purchased lied watches for $1 igeas ( 33 Hd per watch) on account. sold Ae watches for $26, poe on itcount. Unadjusted GREAT AOVEMTURES, IWCORPORATED Income Statement For the Period Ended December 31, 2025 \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|l|}{ Revenues } \\ \hline & $ & 0 & & \\ \hline & & 0 & & \\ \hline & & 0 & & \\ \hline 7 & & 0 & & \\ \hline Net Sales & & 0 & & 24 \\ \hline & & 0 & & 18 \\ \hline Gross Profit & & & $ & 0 \\ \hline \multicolumn{5}{|c|}{ Operating Expense: } \\ \hline & & 0 & & y2 \\ \hline & & 0 & & \\ \hline & & 0 & & \\ \hline & & 0 & & \\ \hline 7 & & 0 & & \\ \hline & & 0 & & 3 \\ \hline & & 0 & & 2 \\ \hline Total Operati & & & & 0 \\ \hline Operabing in & & & & 0 \\ \hline & & & & 0 \\ \hline & & & & 0 \\ \hline Income Befor & & & & 0 \\ \hline & & & & 0 \\ \hline & & & s & 0 \\ \hline \end{tabular} MU il watches are equipped with a global positioning system (GPS) and have the ability to downioad and play songs and videos off internet. The demand for the original MU wotches is greatly reduced. As of December 31, the estimated net realizable value of MU watches is only $100 per watch