Please construct a balance sheet and income statement based on the following information: Cash Accounts Receivable $35,000 $8,000 Net Sales Cost of Goods Sold Notes Payable Long Term Debt $550,000 $200,000 $20,000 $120,000 Equity Land $50,000 Insurance Expense $2,500 Buildings $175,000 Supplies Expense $1,000 Inventory $30,000 Accounts Payable $22,000 Wage Expense $120,000 Utilities Expense $25,000 Equipment $80,000 Accumulated Depreciation $40,000 Depreciation Expense $4,000 Interest Expense $9,000 Maintenance Expense $2,500 Advertising and Marketing Expense $44,000 Dividends to owners $12,000 Create a balance Sheet Create an income statement Determine Survival Breakeven Revenues Determine survival Breakeven units assuming a $10/unit For breakeven assume the variable costs as a percentage of revenue remains constant For breakeven analysis, assume all other expenses remain constant