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VI10.4 Statement Presentation 110,000 Beau Resources Limited reports the following selected accounts and balances at December 31, 2021 Accounts receivable $ 150,000 Interest income $

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VI10.4 Statement Presentation 110,000 Beau Resources Limited reports the following selected accounts and balances at December 31, 2021 Accounts receivable $ 150,000 Interest income $ 0,000 Advances to employees 5,000 Interest receivable 4.000 Allowance for doubtful accounts 7.500 Inventory Bad debts expense 10,000 Notes receivable (due in 120 days) 25.000 Cost of goods sold 1.160,000 Notes receivable (due in 3 year) 75.000 Depreciation expense 50,000 Salaries expense 405.000 Income tax expense 2.500 Income tax receivable 7.500 Sales tax recoverable 2,000,000 75.000 Sales Beau estimates that all its notes receivable are collectible. a. Prepare a partial statement of financial position for Beau Resources. b. Prepare a multiple-step statement of income for Beau Resources

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