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The following trial balance has been prepared from Crown Company's general ledger on December 31, 2019. Use this information to prepare an income statement, the

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The following trial balance has been prepared from Crown Company's general ledger on December 31, 2019. Use this information to prepare an income statement, the statement of retained earnings, and a balance sheet for the fiscal year ended December 31, 2019. 14,138 19,242 3,802 14,012 10,153 24 89,592 967 2,144 7,962 329 7,879 Accounts payable Accounts receivable Accumulated depreciation Additional paid-in capital Cash and cash equivalents Common stock Cost of products sold Depreciation & amortization expense Gain on sale of short-term investment Income tax expense Intangible assets Interest expense Inventory Long-term debt Long-term investments Notes payable and short-term borrowings Other accrued liabilities Other current assets Other long-term liabilities Other operating expenses Property, plant and equipment Research & development costs Retained earnings Salaries and wages payable Sales Selling and general administrative expense Short-term investments Unearned revenues 7,676 14,270 10,176 18,179 14,361 13,774 356 43,173 3,543 16,642 4,159 117.994 13,104 6,287 Total debits and credits 227,168 227.168

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