prepare an income statement of changes in stockholders equity for the year ended December 31, 2019 and balance sheet for breanna Inc.

pdye was obtained from the records of Breanna Inc.: Accounts receivable Accumulated depreciation Cost of goods sold Income tax expense Cash Net Sales Equipment Selling, rehral, and administrative expenses Common stock (8,780 shares) Accounts payable Retained earnings, 1/1/19 Interest expense Merchandise inventory Long-term debt Dividends declared and paid during 2019 $ 10,100 50,700 124,000 8,500 64,500 193,000 121,000 39,000 99,000 12,600 25,600 5,900 38,100 38,000 7,800 Except as otherwise indicated, assume that all balance sheet items reflect account balances at December 31, 2019. and that all inc statement items reflect activities that occurred during the year ended December 31, 2019. There were no changes in paid-in capita during the year. Required: a. Prepare an income statement and statement of changes in stockholders' equity for the year ended December 31, 2019, and a balance sheet at December 31, 2019. for Breanna Inc. Based on the financial statements that you have prepared for part a, answ the questions in parts b-e. b. What is the company's average income tax rate? c. What interest rate is charged on long-term debt? Assume that the year-end balance of long-term debt is representative of the