USE THE FOLLOWING INFORMATION TO CONSTRUCT AN INCOME STATEMENT AND A BALANCE SHEET TO ANSWER QUESTIONS 45-50 Green Co. began operation on January 1, 2018. On January 1, 2018, the company purchased $12,400 of Equipment. Green has not purchased any additional equipment since this initial purchase, nor have they sold any equipment. This equipment is being depreciated on a straight-line basis to a $400 salvage value over an estimated depreciable life of 10 years. The following is a list of some of the income statement accounts (for the period January 1, 2022 to December 31, 2022), some of the balance sheet accounts (on December 31, 2022) and a few financial ratios for Green Co. (for the year ending December 31, 2022). Sales=20,000Cash=175Taxrate=25%Accruals=110Timesinterestearned=5 Acct. Payable Days =30 Average collection period =36 days Gross profit margin =25% Inventory turnover ratio =6 Operating expenses (excl. dep. )=$1200 Current ratio =2.25 Dividends paid =480 Debt ratio =40% NOTES: In 2022, 80% of Green Company sales were on credit; the remainder were cash sales. The average collection period was calculated using a 360-day year. Use COGS/Inventory for inventory turnover ratio formula. Retained earnings as of December 31,2021=$2,000. Use Common Stock as a plug figure to make your balance sheet balance. Use year-end numbers for ratios that involve both B/S and I/S (instead of average between two years). Round ALL values in the balance sheet to the nearest dollar (e.g., \$327.84 =328 ). Green Co. Balance Sheet for the Year ending December 31, 2022 45. Net income in 2022= 46. Current assets = 47. Total assets = 48. Current liabilities = 49. Total liabilities = 50. Total shareholder equity (i.e., common stock + retained earnings) =