You are the manager of an established spraying and fertilizer company. The company's owner is interested in evaluating the financial performance of the business to make informed decisions for future investments. Using the financial data provided below, prepare an income statement and balance sheet for the company for the year ending December $31,2023.$ For the type$-$in questions, enter a whole number only.

Accounts Payable $=$$$28,500$

Cost of Goods Sold $=$$$235,000$

$F$ uel $=$$$37,000$

Increase in Accounts Receivable $=$$$1,500$

Interest Expense $=$$$9,625$

Inventory $=$$$35,000$

Land $=$$$60,000$

Allowances $=$$$0$

Owner's Draw $=$$$65,000$

Retained Earnings $=$$$443,500$