Using the provided accounts, prepare the balance sheet and the Income Statement at the end of year 2022.

ATC has the following balances as shown by Quickbooks: \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ ATC Investments Corporation } \\ \hline \multicolumn{3}{|c|}{ For the year ended 2022} \\ \hline \multicolumn{3}{|l|}{ Owner Investment } \\ \hline Accounts Payable & 5,480 & \\ \hline Capital (owners investment) & 200,000 & \\ \hline Salary Expense & 18,400 & \\ \hline Mortgage Payable & 250,274 & \\ \hline Inventory & 7,250 & \\ \hline Rent Expense & 8,500 & \\ \hline Short Term Investment & 9,614 & \\ \hline Salary Payable & 7,480 & \\ \hline Property and equipment & 38,540 & \\ \hline Cash & 257,400 & \\ \hline Sales & 94,280 & \\ \hline Cost of Good Sold & 25,300 & \\ \hline Advertising Expense & 7,504 & \\ \hline Accounts Receivable & 231,200 & \\ \hline Utility Payable & 3,250 & \\ \hline Retained Earnings & 77,520 & \\ \hline Using the provided accounts, prepare & the balance sheet and & \\ \hline the Income Statement at the end of ye & ar 2022. & \\ \hline \end{tabular}