Organize the following information onto an Income Statement and a Balance Sheet and calculate: $1)$ EBIT, $2)$ EBT, $3)$ Net Income, $4)$ Current Assets, $5)$ Total Assets, $6)$ Current Liabilities, $7)$ Total Liabilities, $8)$ Shareholders':Equity,'and $9)$ Working Capital. Then, use your calculations to answer Questions $1-7.$

Cash $=$$$100$

Net Plant & Equip $=$$$9000$

Depreciation $=$$$500$

Accounts Receivable $=$$$400$

Notes Payable $=$$$600$

LT Bonds $=$$$7,100$

Sales $=$$$5,000$

Interest Expen'se $=$$$500$

Accounts Payable $=$$$300,$ Inventory $=$$$500$

Operating Expenses $=$$$3000$ Tax Rate $=40\%$

Question $1(2$ points$)$

Using the data provided, calculate Earnings Before Interest and Taxes $($EBIT$).$

$$1000$

$$1500$

$$1600$

$$2000$