Please prepare income statement and balance sheet based on the following information.

Use the following information for Clarington Inc. for Problems 24 (assume the tax rate is 34%): 2017 2018 Sales $11.573 $12,936 Depreciation 1,661 1.736 Cost of goods sold 3.979 4.707 Other expenses 946 824 Interest 776 926 Cash 6.067 6.466 Accounts receivable 8.034 9.427 Short-term notes payable 1,171 1,147 Long-term debt 20,320 24.696 Net fixed assets 50.898 54.273 Accounts payable 4.384 4.644 Inventory 14.283 15.298 Dividends 1.411 1.618 24. Financial Statements (LO1) Draw up a statement of comprehensive income and a statement of financial position for this company for 2017 and 2016