please see attached

Income Statement year ending 2020 Sales Revenues $130,000 Cost of goods sold 43,000 Fixed costs 17.000 Selling, general, and administrative expenses 25.000 Depreciation 9.000 EBIT Interest expense 2,000 Taxable Income Taxer Net Income #** Tax rate 20% Dividens paid $1000 Partial Balance Sheet 12/31/2019 ASSETS LIABILITIES Current Assets Current Liabilities Cash $2,000 Notes payable $4,000 Accounts receivable 6,000 Accounts payable 9,000 Inventories 7.000 Total current liabilities Total current assets Long-term debt 21,000 Total Liabilities Gross Fixed assets 61,000 OWNERS' EQUITY Accumulated depreciation 14,000 Retained earnings () Net Fixed assets Common stock Intangible assets 0 Total owner's equity TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITYThese are cumulative retained earnings but textbook simply calls it retained earnings Partial Balance Sheet 12/31/2020 ASSETS LIABILITIES Current Assets Current Liabilities Cash $4,000 Notes payable $8.000 Accounts receivable 6,000 Accounts payable 5.000 Inventories 4,000 Total current liabilities Total current assets Long-term debt 18,000 Gross Fixed aggets $7,000 Total liabilities Accumulated depreciation OWNERS' EQUITY Net Fixed Assets Retained earnings Intangible assets 0 Common stock Total long-term assets Total owner's equity TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY When answering the questions (filling in the blanks), DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. Round to the nearest dollar. Total Assets as of 12/31/2019 is