Prepare an income statement and balance sheet from the adjusted trial balance.

This is all the info! From this adjusted trial balance, prepare an income statement and balance sheet.

211,200 577,056 360,000 51,840 50,832 33,600 11,520 864,000 324,576 24,000 1,276,800 771,840 19,200 77,760 11,520 3,360 1,440,000 240,768 3,696 59,520 14,400 Accounts payable Accounts receivable Accumulated depreciation Advertising expense Allowance for doubtful accounts Bad debt expense Capital gains Capital stock (comman) Cash Charitable contributions Compensation expense Cost of goods sold Depreciation expense Dividends (paid) Dividends (received) Entertainment expense Equipment Federal income tax expense Gain from disposition of fixed assets Interest expense Interest income Inventory Investments in state & local bands Investments in stock Investment in U.S. government bonds Land Maintenance expense Meals expense Miscellaneous expense Mortgage payable Other assets Other current liabilities Other liabilities Other taxes expense Pension plans expense Professional services expense Property tax expense Retained earnings (1/1/2020) Sales Sales returns & allowance State income tax expense Supplies expense 1,536,000 134,400 264,000 67,200 2,131,200 24,000 1,680 39,264 1,464,288 240,000 113,280 176,736 53,760 40,320 30,720 43,200 3,043,200 3,283,632 36,480 57,600 8,160 $9,608,304 $9,608,304