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PLease show your work Nataro, Incorporated, has sales of $677,000, costs of $339,000, depreciation expense of $83,000, interest expense of $51,500, and a tax rate

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Nataro, Incorporated, has sales of $677,000, costs of $339,000, depreciation expense of $83,000, interest expense of $51,500, and a tax rate of 25 percent. What is the net income for this firm? (Do not round intermediate calculations.) Net income Prepare a 2021 balance sheet for Willis Corporation based on the following information: Cash = $141,000; Patents and copyrights = $630,000; Accounts payable = $219,000; Accounts receivable = $132,500; Tangible net fixed assets = $1,655,000; Inventory = $300,000; Notes payable = $110,000; Accumulated retained earnings = $1,250,000; Long-term debt = $859,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) WILLIS CORPORATION Balance Sheet Assets Liabilities and Equity Total assets Current liabilites Total liabilities Total liabilities & owners' equity

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