owing data is for Bella Corporation: Prior Current 15,000 40,000 5,000 50,000 200,000 20,000 Cash 60,000 75,000 10,000 35,000 260,000 30,000 Accounts Receivable Allowance for Doubtful Accounts Inventory Accumulated Depreciation Security Deposit Accounts Payable Wages Payable Taxes Payable Interest Payable Note Payable Common Stock ($1 each) Retained Earnings Sales Cost of Goods Sold Wage Expense Rent Expense Office Expenses Depreciation E Bad Debt Expense Interest Expense Income Tax Expense 10,000 55,000 6,000 5,000 4,000 80,000 110,000 200,000 1,000,000 500,000 200,000 36,000 26,000 10,000 10,000 8,000 60,000 10,000 7,000 3,000 80,000 The common stock was sold on September 30 of the current year for $1 per share. All equipment purchased during the year was purchased for cash. The retained earnings balance for both years is after all closing entries have been made. The Note Payable requires payments of $20,000 principal plus interest at 10% on December 31st of each year. Prepare the financial statements for the current year