Put the following into the Balance Sheet and Income statement

OPERATING EXPENSES $3,000, DIVIDENDS $7,000, INVENTORY $20,000, ACCOUNTS RECEIVABLE $1,000, PREFERRED STOCK $15,000, SALES/REVENUES $25,000, BUILDINGS/EQUIPMENT $12,000, COMMON STOCK $20,000, ACCOUNTS PAYABLE $5,000, WAGES PAYABLE $2,500, COST OF GOODS SOLD $8,000, NET GAIN/LOSS $0, LONG-TERM NOTES PAYABLE $15,000, CASH $35,000, BEGINNING RETAINED EARNINGS $3,500

INCOME STATEMENT SALES/REVENUES COST OF GOODS SOLD Gross Profit/ Gross Margin OPERATING EXPENSES NET INCOME