$[$Questions $1-2]$ The following are financial statement items for Lowell Inc.:

$1.$ Use the above data and create Lowell$$s income statement and balance sheet for $2021$ and $2020.$ Each financial statement should be presented on the worksheets $$Q$1\_$IS$$ and $$Q$1\_$BS$,$ respectively. Make the statements concise by displaying the numbers in thousands $($you can $1)$ divide the numbers by $1,000$ or $2)$ right$-$click the cell and choose format cell $$ custom $-$ #$,$##$0\mathrm{.}00,).$