Prepare a balance sheet and income statement for the Tiger Corporation, given the following information:

Prepare a balance sheet and income statement for the Tiger Corporation, given the following information:
 
Accumulated depreciation $38,000 Long-term debt ? Inventory 5,000 General and administrative expenses 1,000 Interest expense 1,200 Common stock 50,000  Cost of goods sold 6,000 Short-term notes 750 Depreciation expense 600 Sales 13,000 Accounts receivable 10,000 Accounts payable 5,000 Buildings and equipment 120,000 Cash 11,000 Taxes 1,300 Retained earnings 10,250
 
File name: Tiger-Corporation.xls File type: application/vnd.ms-excel Price: $5