(Reviewing financial statements) Prepare a balance sheet and income statement for TNT, Inc., from the scrambled list of items found here: a. Prepare an income statement for TNT b. Prepare a balance sheet for TNT c. What can you say about the firm's financial condition based on these financial statements? a. Prepare an income statement for TNT Complete the income statement below (Select from the drop-down menus and round to the nearest dollar.) TNT Inc. Income Statement Gross Profit Net Operating Income Choose from any list or enter any number in the input fields and then click Check Answer 3 parts remaining Clear All D. FICPalca Dance ICCLIII c. What can you say about the firm's financial condition based on these financ Income Statement Gross Profit Net Operating Income Earnings before Taxes 8 of 8 (2 complete) Data Table Depreciation expense Cash Long-term debt Sales Accounts payable General and administrative expense Buildings and equipment Notes payable Accounts receivable Interest expense Accrued expenses Common stock Cost of goods sold Inventory Taxes Accumulated depreciation Taxes payable $98,000 338.000 500,300 858,700 153,300 118,700 1,342,100 113,000 252,090 7.025 11.920 433.800 446,000 148.105 75.890 394 900 21.820 Cash Long-term debt Sales Accounts payable General and administrative expense Buildings and equipment Notes payable Accounts receivable Interest expense Accrued expenses Common stock Cost of goods sold Inventory Taxes Accumulated depreciation Taxes payable Retained earnings 338,000 500,300 858,700 153,300 118,700 1,342,100 113,000 252.090 7,025 11,920 433,800 446,000 148,105 75.890 394.900 21.820 451.255