Prepare an income statement and a balance sheet for this company using the information provided.
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Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66639fba60982_98566639fb9d472a.jpg)
Prepare an income statement and a balance sheet for this company using the information provided.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66639fba9d1f3_98666639fba9648d.jpg)
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