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The following financial statement information for Peal Company as for the year 2021 Requred Fill the missing amounts (Hint There are & missing amounts) Note:

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The following financial statement information for Peal Company as for the year 2021 Requred Fill the missing amounts (Hint There are & missing amounts) Note: Write only the final amount. Do not show your calculation Peal Company Income Statement For the year ended 2021 Net Sales $20,000 Cost of goods sold Gross profit 10,500 Operating expenses -2 Seling expenses General and administrative expense 2.800 TOMA operating expenses Income from operations Other expenses Interest CAPOTDO Income from operations Other expenses Interest expense Net income Assets Cash Prepaid rent Office Furniture Computer Equipment Total Assets $35,000 10,000 10,000 5,000 $60.000 2.300 3,200 1,200 Peal Company Balance Sheet As of Dec 31, 2021 Liabilities and Equity Notes Payable -6- Owner's equity Owner's capital -5- Total Liabilities 4- & Equity Peal Company Statement of Owner's equity For 2021 $4,000 Capital, Beginning balance Add Investment 6.000 Net income 2,000 Less Drawings Capital, Ending balance 6.000 3,200 1,200 $2.000

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