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Using the TRUE VALUE Template in the Revenue and Expenses columns, complete the income statement from the account balances from the table: Jumbled Trial Balance Account name Debit (000) Credit (000) Accumulated depreciation $ 3,000 Allowance for bad debt $ 5,000 Bad debt expense $ 4,000 Benefits expense $ 1,000 Cost of goods sold $ 55,000 Depreciation expense $ 7,000 Dividend revenue $ 2,000 Dividends declared $ 13,000 Insurance expense $ 9,000 Interest revenue $ 6,000 Payroll expense $ 31,000 Prepaid insurance expense $ 17,000 Rent expense $ 12,000 Royalty revenue $ 18,000 Sales revenue $ 185,000 Unearned sales revenue $ 11,000 Utility expense $ 24,000 2 Next, from Round One, using the TRUE VALUE Template, PLOT your results from Round One in the Governance/Economic, Social, and Environmental columns.

Measuring True Value* Analysis of United Bubbles True Value Earnings (000) Net earnings Governance Social Environmental TRUE earningsRevenue Expenses Economic Positive ? Total Total Q1 Q2 Revenue Expenses Net $$$ Positive Negative Positive Negative Positive Negative ? ? * The Analysis of True Impact Tool is inspired by the KPMG True Value Methodology, which is a framework developed by KPMG. Balance Sheet accounts (000) Does the consideration of the companys ESG factors, known as externalities, change your perception of the company? Q1: Would you invest in the company? Q2: Would you work for the company?

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