Use the following information to create an income statement and balance sheet. Accounts Payable 250,000 Accounts Receivable 230,000 Cash 370,000 Common Stock 100,000 Costs 430,000 Depreciation Expense 40,000 Dividends 73,800 Goodwill 170,000 Interest Expense 60,000 Inventory 80,000 Land 499,770 Line of credit (used) 150,000 Long Term Loan 400,000 Paid in Surplus 225,000 Preferred Stock 75,000 Retained Earnings ? Sales 813,000 Tax rate 21%