Prepare the Balance and Income Statement. Consider in this exercise that there is no income tax or profit sharing

2,200 3,250 6,625 2,350 15,150 70,000 Share Capital Savings account Interest expenses Inventory Suppliers Bank loans long term Sales expenses Lands Short term notes payable net sales delivery team 74,050 Various creditors 900 Bank loans short term 2,450Administration expenses 8,025banks 12,800 Office equipment 30,000 Cost of sales 21,400 Long term notes 32,500 building 2,500 TAX to pay 106,350 clients 11,550 ble 3,325 51,975 1,550 8,100 2,200 3,250 6,625 2,350 15,150 70,000 Share Capital Savings account Interest expenses Inventory Suppliers Bank loans long term Sales expenses Lands Short term notes payable net sales delivery team 74,050 Various creditors 900 Bank loans short term 2,450Administration expenses 8,025banks 12,800 Office equipment 30,000 Cost of sales 21,400 Long term notes 32,500 building 2,500 TAX to pay 106,350 clients 11,550 ble 3,325 51,975 1,550 8,100