4. The following numbers are for Handyman Company for 2019.

Short-term loans payable	10		Long-term debt	207
Interest expense	9		Income tax expense	4
Paid-in Capital	50		Retained earnings (as of 1/1/19)	31
Cash	10		Receivables	27
Dividends	0		Sales	700
Accumulated depreciation	9		Accounts payable	74
Inventory	153		Property, plant & equipment	199
Cost of goods sold	519		Other operating expense	160

1. Create a balance sheet and an income statement for this company
2. Handyman is wondering what its balance sheet and income statement would have looked like if the following numbers were changed as indicated:

	Change
	From	To
Sales	700	825
Cost of goods sold	519	620
Other operating expenses	160	189

3. Create a second income statement and balance sheet with the numbers changed as indicated. After making these changes, your balance sheet may no longer balance. What actions would have been taken in order to eliminate this discrepancy by the Handyman?