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[The following information applies to the questions displayed below) The following trial balance was drawn from the records of Finch Company as of October 1.
[The following information applies to the questions displayed below) The following trial balance was drawn from the records of Finch Company as of October 1. year 2 $ 19,000 66,000 43,000 260,000 Cash Accounts receivable Inventory Store equipment Accumulated depreciation Accounts payable Line of credit loan Common stock Retained earnings Totals $ 78,000 75,000 160,000 56,eee 19,000 $388,000 $388,000 b. Supply the missing information in the following pro forma income statement and balance sheet for the fourth quarter of year 2. The statements are prepared as of December 31, year 2 Complete this question by entering your answers in the tabs below. Income Statement Balance Sheet Supply the missing information in the following pro forma income statement for the fourth quarter of year 2. The statement is prepared as of December 31, year 2 Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Operating income Interest expense Net Income $ 446,850 264,805 (2.830) 261 975
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