Please Solve the Following Problem

Problem 2 (24 points) TTESL lease high-performance fully electric vehicles and energy generation and storage Tesla, Inc.'s financial statements note We design, develop, manufacture, sell and systems, and offer services related to our sustainable energy products. We generally sell our products directly to customers, including through our website and retail locations. We emphasize performance, attractive styling and the safety of our users and workforce in the design and manufacture of our products and are continuing to develop full self-driving technology for improved safety. We also strive to lower the cost of ownership for our customers through continuous efforts to reduce manufacturing costs and by offering financial services tailored to our products. Our mission to accelerate the world's transition to sustainable energy, engineering expertise, vertically integrated business model and focus on user experience differentiate us from other companies. We currently produce and sell four fully electric vehicles: the Model S sedan, the Model X sport utility vehicle (SUV), the Model Y sport utility vehicle and the Model 3 sedan." Below are the account balances (all normal) in alphabetical order from Tesla's financial statements as of December 31, 2020 except the Retained Earnings account. All amounts are in millions of U.S. dollars. Assume no new investment by stockholders in 2020. 6,051 1,886 19,384 22,862 24,906 0 292 Accounts payable Accounts receivable Cash Common stock Cost of sales Dividends Income tax expense Interest expense Long-term liabilities Merchandise Inventory Other long-term assets Prepaid expenses and other current assets Property, plant, and equipment, net Research and development expenses Retained earnings (December 31, 2019) Sales revenue Selling, general, and administrative expenses Unearned revenues and other current liabilities Wages payable 840 14,170 4,101 12.684 1,346 12,747 1,491 147 31,536 3,286 4,342 3,855 Required: Prepare the following 2020 financial statements for Tesla, Inc.: a) Income Statement (7 points) b) Statement of Stockholders' Equity (4.5 points) c) Balance Sheet (12.5 points)