The following listing of accounts $($known as a trial balance$)$ pertains to Thompson Inc as of $\frac{12}{31}\frac{?}{2019}.$ All adjustments have been posted to all accounts, but closing entries have not yet been made. Using this information, answer the following questions related to the Income Statement and Balance Sheet that would be created for the company as of $\frac{12}{31}\frac{?}{2019}.$

$($Tip: You may find it helpful to prepare the Income Statement and Balance Sheet on scratch paper, and then answer the questions below.$)$

$\backslash$table$[[$Thompson Inc$],[$Adjusted Trial Balance$],[$December $31,2019],[*.,.$