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One of our client companies, EA Community Laundry Chain, asked us for a consultation on their company's operations. Based on the accounting information provided by

One of our client companies, EA Community Laundry Chain, asked us for a consultation on their company's operations. Based on the accounting information provided by them, please use your professional knowledge to assist them in the preparation of five financial statements based on the information below (Income statement, financial position statement, retained earnings statement, comprehensive income statement, cash flow statement).

Sales revenue: $555,080

Cost of goods sold: $210,000

Financing Costs: $10,000

Selling and administrative expenses: $75,000

Gain on sale of plant assets: $45,000

Unrealized gain on non-trading securities: $15,000

Loss on discontinued operations: $20,000

Dividends declared and paid: $50,400

Allocation to non-controlling interest: $60,000

Equipment: $40,000

Interest payable: $600

Land: $157,320

Inventory: $102,000

Bonds payable: $78,000

Notes payable (due in 5 months): $24,400

Buildings: $80,400

Share capital: $60,000

Accumulated depreciation-equipment: $10,000

Prepaid advertising: $5,000

Supplies: $1860

Taxes payable: $3000

Cash: $???(Need to be confirmed in the Financial Position Statement)

Salaries and wages payable: $900

Accumulated depreciation-buildings: $15,000

Please prepare five financial statements based on the data provided by Pizza Mr. Park, Inc

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