Prepare Financial Statements for the given trial balance.

Particulars	Debit	Credit
Revenue		56875221
Interest Earned		22352
Cost of Goods Sold	32,733,149
Utilities Expense	42,115
Salaries Expense	3,255,449
Rent Expense	956,224
Depreciation Expense: Equipment	321,588
Depreciation Expense: Building	459887
Bad Debt Expense	896,338
Insurance Expense	1100365
Interest Expense	1555300
Income Tax Expense	4800525
Cash	2690644
Accounts Receivable	5890887
Inventory	12595645
Prepaid Insurance	145,255
Equipment	15799800
Accumulated Depreciation: Equipment		3,244,001
Building	18560325
Accumulated Depreciation: Building		5,655,225
Land	4,255,025
Unearned Revenue		668236
Accounts Payable		5663200
Salaries Payable		145250
Interest Payable		67500
Income Taxes Payable		4650225
Long Term Loan		15500000
Common Stock		280000
Additional Paid In Capital		5320000
Dividends	6577010
Retained Earnings for the year		14544321
Total	112,635,531	112635531