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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 $74,272

Cost of goods sold 40,523

Selling expenses 10,325

Beginning Retained earnings 6,372

Inventory 2,897

Accounts payable 4,894

Fixtures and equipment 4,701

Accounts Receivable 26,348

Accrued liabilities 1,471

Cash 1,125

Prepaid Expenses 1,103

Capital stock 920

Income tax expense 803

Land and buildings 766

Long-term debt 711

Interest expense 687

Short-term debt 557

Salaries payable 256

Dividends paid 150

Utilities expense 25

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