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The following information was gathered for BBB, Inc. for 2020. The amounts are for the year ended December 31, 2020 or as of that date

The following information was gathered for BBB, Inc. for 2020. The amounts are for the year ended December 31, 2020 or as of that date except for the Beginning Retained Earnings which is given for the beginning of 2020. Complete an Income Statement, Statement of Owners Equity and Balance Sheet.

Revenue $63,902
Cost of goods sold 40,523
Selling expenses 9,600
Beginning Retained earnings 7,627
Inventory 3,212
Accounts payable 5,183
Fixtures and equipment 5,101
Accounts Receivable 17,203
Accrued liabilities 1,471
Cash 1,500
Prepaid Expenses 810
Capital stock 1,007
Income tax expense 845
Land and buildings 1,002
Long-term debt 853
Interest expense 829
Short-term debt 565
Salaries payable 256
Dividends paid 150
Utilities expense 89

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