Please complete the tables

P Ltd. operates under ideal conditions of certainty. It has just bought a capital asset for $3,100, which will generate $1,210 cash flow at the end of one year and $2,000 at the end of the second year. At that time, the asset will be useless in operations and P Ltd. plans to go out of business. The asset will have a known salvage value of $420 at the end of the second year. The interest rate in the economy is constant at 10% per annum. P Ltd. finances the asset by issuing $605 par value of 12% coupon bonds to yield 10%. Interest is payable at the end of the first and second years, at which time the bonds mature. The balance of the cost of the asset is financed by the issuance of common shares. Income statements for years ended at t=1 and t=2 Cash flows and present values for capital asset and bond Year 1 Year 2 t=0 t=1 t=2 Capital asset: Cash inflows Present value Revenue Depreciation Interest expense Net income for year Bond: Cash outflows Present value Balance sheets as of t=0, t=1, and t=2 t=0 t=1 t=2 Stock issue Cash Capital asset (net) Total assets Bonds Outstanding Shareholder's equity Capital stock Retained earnings Total liabilities and SE