oblem 2.19 Prepare an income statement, balance sheet, and statement of changes in LO 2, 3, 4 stockholders' equity; analyze results The information on the following page was Except as otherwise indicated, assume that all balance sheet items reflect account that occurred during the year ended December 31, 2019. There were no changes in balances at December 31, 2019, and that all income statement items reflect activities obtained from the records of Breanna Inc.: Accounts receivable Accumulated depreciation Cost of goods sold Income tax expense Cash ... Net sales Equipment Selling, general, and administrative expenses Common stock (36,000 shares) Accounts payable Retained earnings, 1/1/19 Interest expense Merchandise inventory Long-term debt..... Dividends declared and paid during 2019 $ 40,000 208,000 512,000 32,000 260,000 800,000 480,000 136,000 360,000 60,000 92,000 24,000 148.000 160,000 48,000 paid-in capital during the year