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Question Completion Status: The adjusted account balances of Aliva Inc. at December 31, 2022, are as follows: Accounts receivable $10,000 Unearned revenues Notes receivable (due

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Question Completion Status: The adjusted account balances of Aliva Inc. at December 31, 2022, are as follows: Accounts receivable $10,000 Unearned revenues Notes receivable (due on February 2nd 2025) 4,000 Accounts payable Merchandise inventory. 18,000 Bank Loan (due July 31, 2023) Equipment 73,000 Accumulated depreciation-equipment 10,000 Depreciation expense 5,000 Other income: Interest income 3,000 Dividends paid 12,200 Sales. 82,000 Utilities expense 2,000 Common Shares 5,000 Cash 15,000 Retained Earnings Prepaid Insurance. 1.600 Insurance Expanse 7,200 Income tax expense 5.000 Other Expense: Interest expense 1,000 Sales discounts 3,000 Cost of goods sold 25.000 Sales returns and allowances 1000 $183,000 What would the following amounts be on the Income Statement for year ended Dec 31,2022 : Net Sales Gross Profit Profit from operations Net Profit for the year What would the following amounts be on the Balance Sheet as at Dec 31, 2022 . Current Assets Total Assets Current Liabilities Non-Current liabilities

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