question: if you have information about Iron Jordanian company as in the table below: Items Value in 2018 Value in 2019 Net sales 7,500,000 Cash 50,000 1,515,000 General expenses 200,000 A/R 60,000 70,000 Depreciation expense 40,000 Marketable securities 60,000 45,000 Beg. Inventory 60,000 Inventory 60,000 100,000 Interest expense 20,000 Tax expense 80,000 Net purchase 300,000 30,000 80,000 Revenue received advance 120,000 150,000 Fixed assets 1,280,000 1,755,000 Accruals 10,000 20,000 Bonds 25,000 75,000 Acc. Depreciations 50,000 60,000 Common stocks 3000,000 3000,000 Surplus in capital 10,000 10,000 RE 30,000 90,000 Additional information: 1- General level price in 1/1/2019 (100), during 2019 (120), in 31/12/2019 (140). 2- The common stocks include 2 issues: 1,800,000 adjusted at 130 general level price and 1,200,000 adjusted at 115 general level price. 3- The additional value in fixed assets adjusted at 50 general level price. 4- Depreciation expense adjusted at 80 general level price. 5- The firm decide to distribute profit in 31/12/2019 as 8,799,434. 6- The firm decide to pay interest & tax expenses in 31/12/2019. 7- The firm adjusted capital surplus at 130 general level price. 8- The monetary items achieved earned from buying power by 53,333. Requirements: 1- Prepare income St. after adjust the effect of inflation. 2- Prepare balance sheet St. after adjust the effect of inflation