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please do the income statement and balance sheet with the provided information. thank you!! Bradiky Compary has the following post-closing trat balance on December 31,2025

please do the income statement and balance sheet with the provided information. thank you!! image text in transcribed
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Bradiky Compary has the following post-closing trat balance on December 31,2025 . View the postzclosing tral balance. The compary's accounting dopartment has gathered the following budgeting inlormation and additionat information lor the first guarter of 2020 Yirw the budaeting intormaton Yiere the additional information Bead the reguiroments Requirement 1. Propare Bradery Compamys budgoled income statoment for the first quarler of 2020 Requirements 1. Prepare Bradiey Company's budgeted income statement for the first quarler of 2006 2. Prepare Bradky Company's budgeted balance sheet as of March 31,2026 Budgeting Information Budgeting Information Post-Closing Trial Balance Additional information: a. Direct materials purchases are paid 50% in the quarter purchased and 50% in the next quarter b. Direct labor, manufacturing overhead, selling and administrative costs, and income tax expense are paid in the quarter incurred. c. Accounts payable at December 31,2025 are paid in the first quarter of 2026

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