Prepare a balance sheet for ABC Corporation as of December 31, 2021, based on the following information: Initial Investment by the shareholders 500,000 cash at bank 110,000 Goods and services purchased but not yet made payment to the vendor 30,000 patents and copyrights 50,000 Advance payment made to vendors 5,000 Investment in Govt Bond ((can be encashed at any time) 150,000 Long term obligations 120,000 Value of Land 200,000 Products sold but payment from customers yet to receive 50,000 Value of Equipment & furniture 60,000 Inventory of finished goods and raw materials 75,000 Taxes payable 8,000 Portion of the profit reinvested into business 30,000 Salary and other benefits due 4,000 A balance sheet is a financial document that tells how much a company is worth- its "book value". But to assess a company's operation performance, what other financial statement is required?