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This is income statement for convenience store business. Make three years balance Sheet from this income statement. Income Statement Table Sales Direct Cost of Sales

image text in transcribedThis is income statement for convenience store business. Make three years "balance Sheet" from this income statement.

Income Statement Table Sales Direct Cost of Sales Other Costs of Sales Total Cost of Sales Gross Margin Gross Margin % Expenses Employee Salary Owner Salary Depreciation Rent Hydro Insurance Advertising Tele hone Renovation Stationary Repair and Maintenance Equ ipment Lease Hold Improvements Total Operating Expenses Profit Before Interest and Taxes EBITDA Interest Ex se Taxes Incurred Net Profit Net Profit/Sales Year I snoo S4680 S4680 S2520 35.000/ S63948 S288 S432 S48 S200 S200 S210 217504 S344 S8968. S25527.04 0.00% Year 2 S828000 S538200 so S538200 S289800 3500% S63948 S28896 snoo S 44460 S4800 S3000 S3000 S1260 so q 00 S20000 so s177764 S112036 so so S29129.36 S29129.36 0.00% Year 3 so S327600 35.00% S63948 S28896 S7200 S45720 S4800 S3000 S3000 S1260 so ssoo S20000 so S179024 S148576 so so S38629.76 S' 09946.24 0.00%

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