Top to Bottom Ent. Income Statement for 2020 $ Sales 4,840,000 Net Income 187,000 Top to Bottom Ent. Balance Sheet for 2020 Current Assets 1,210,000 Net fixed assets 1,740,000 Total Assets 2,950,000 Accounts payable 455,000 Accrued Expenses 290,000 Current Liabilties 745,000 Long term debt 1,580,000 Total Liabilities 2,325,000 Capital 500,000 Retained Earnings 125,000 Total Capital 625,000 Total Liabilities & Capital 2,950,000Equities - 2,500 units shown at purhcased at $18/unit 45,000 Savings Account - Annual interest at 1.5% (Balance at Dec. 31, 2015) 3,150 Bonds - 10.5% Semiannual payments (matures in 8 years) 15,000 Education Fund 1: Earns 5.5% p.a. (Balance at Dec. 31, 2018) 23,950 Education Fund 2: Earns 5.5% p.a. (Balance at Dec. 31, 2018) 16,375 Pension Fund Earns 6.75% p.a. (Balance at Dec. 31, 2019) 19,720