toS card Constructing Financial Statements from Account Data Barth Company reports the following year-end account balances at December 31, 2011. Prepare the 2011 income statement and the balance sheet as of December 31, 2011. Accounts payable $4.000 inventory $9.000 Accounts receivable 7.500 Land 20.000 Goodwill 2,000 50.000 Bonds payable, long term Buildings 37.750 Retained earnings 15.000 12.000 Sales revenue 100,000 Common stock 37.500 Supplies inventory 750 Cost of goods sold 45.000 Supplies expense 1.500 Equipment 17.500 Wages expense 10,000 Barth Company Income Statement For Year Ended December 31, 2011 Sales revenue Experses 45.000 10,000 Y 1.500 Barth Company Balance Sheet December 31, 2011 12,000 2300 750 3.000 29.250 20000 Total bites 17.500 Common stock 32.750 2.000 $106.500 Cost of goods sold Wiges expense et income As Cach Suppl ventory THE CU Land toupent Buildings Goodwill S 1 EV EV 15 EV 100.000 56.300 43500 Labs and equity unts payable 15 bonds payable long 14 taned Langs talables and ty Toalety S 4.000 50.000 $4,000 12300 15,000 106.500 106.500