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please show each step and all details including calculations. make sure your hand writing/ typing...

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Finance

please show each step and all details including calculations. make sure your hand writing/ typing is clear and readable.
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2. A company collects the financial information for the past two years (2019 and 2020). The fiscal year of this company is consistent with the calendar year. Please use the information below to build an income statement and balance sheet for 2019 and 2020 (assume the tax rate of the company is 30 percent). (5 pts.) Sales Depreciation Cost of goods sold Selling, general, and administrative expenses Interest expense Cash Accounts receivable Accrued expenses Long-term debt Net fixed assets Owners' equity 2019 $18,804 2,700 6,470 1,534 1,260 9,862 13,054 1,906 32,304 82,692 84,248 2020 $20,182 2,702 7,344 1,282 1,448 12,488 14,704 1,790 38,520 84,664 85,354 Accounts payable Inventory 10,358 23,208 10,044 23,852

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