TransWorld Corp. Balance Sheet and Income Statement for the 2019 year: Balance Sheet (Thousands of $) Cash Accounts receivable Inventories Total current assets $5,000 12,000 13,000 $30,000 Accounts payable Notes payable Accruals Total current liabilities Bonds payable Common stock Retained eamings Total liabilities and equity $2,000 19,000 1000 $22,000 15,000 2,000 11.000 $50,000 Net plant and equipment Total assets 20.000 $50.000 Income Statement (Thousands of S) Net sales Cost of Goods Sold Operating costs except depreciation Depreciation Eamings before interest and taxes Less interest Eamings before taxes Taxes (359) $87,500 60.000 21.813 1531 54,156 $ 2781 928 Net income S1.SOS TransWorld Corp. Balance Sheet and Income Statement for the 2019 year: Balance Sheet (Thousands of $) Cash Accounts receivable Inventories Total current assets $5,000 12,000 13,000 $30,000 Accounts payable Notes payable Accruals Total current liabilities Bonds payable Common stock Retained eamings Total liabilities and equity $2,000 19,000 1000 $22,000 15,000 2,000 11.000 $50,000 Net plant and equipment Total assets 20.000 $50.000 Income Statement (Thousands of S) Net sales Cost of Goods Sold Operating costs except depreciation Depreciation Eamings before interest and taxes Less interest Eamings before taxes Taxes (359) $87,500 60.000 21.813 1531 54,156 $ 2781 928 Net income S1.SOS