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Prepare a balance sheet for Warner company from the following Deprecaton expense Cash Long-term debt Sales Account payable General and Administrative expense Buiding and equipment

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Prepare a balance sheet for Warner company from the following Deprecaton expense Cash Long-term debt Sales Account payable General and Administrative expense Buiding and equipment Notes payable Account receiveable Interest expense Accrued expenses Common stock Costs of good sold Inventory Taxes Accumulated depreciation Taxes payable Retaned earnings $66,000 225,000 334,000 573,000 102,000 79,000 895,000 75,000 167,500 4,750 7,900 289,000 297,000 99,300 50,500 263,000 53,000 262,900 a. Prepare an income statement for the Warner Company. b. Prepare a balance sheet for the Warner Company. c. What can you say about the financial condition based on these financial statements

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