Financial Statement Analysis

Constraint on a deposit creation by the banking system
October 30, 2020
Nursing: Legal
October 30, 2020

I need an income statement on the information enclosed. Pleasedo it so it shows Credits and debits in proper format. If you haveany questions please send me an email. Tim Balance Sheet Assets                       2015                                   2014 Cash                                      $458,000                              $ 225,000 Prepaid Insurance                 $ 22,000                                $ 14,000 AccountsRec.                       $230,000                               $ 228,000 Inventory/supplies             $87,000                                 s 53,000 Total Current Assets             $797,000                               $ 520,000 Net Plant & equip              $705,000                               $ 662,000 TotalAssets                        $1,502,000                            $ 1,182,000 Liabilities & Assets Accounts Payable                  $300,000                               $ 245,000 Accruals                                $152,000                               $ 145,000 NotesPayable                       $252,000                               $ 205,000 Total CurrentLiabilities          $704,000                               $ 595,000 Long TermDebt                  $319,000                               $ 350,000 TotalLiabilities                      $1,023,000                            $ 945,000 RetainedEarnings                  $479,000                               $ 237,000 Total Liab & NetWorth         $ 1,502,000                           $ 1,182,000 Income Statement 2015 Revenue                              $ 2,486,000 Operating Expenses MedicalSurgical                 $ 725,000 Therapy                                $ 515,000 Other ProfServices            s 475,000 Support                                 $ 245,000 General                                 $ 155,000 Depreciation                        $ 71,000 Interest                                  $ 63,000 TotalExpenses                      $ 2,249,000 Income from Operations     $ 237,000 InterestIncome                   $ 5,000 Net Income                          $ 242,000 . . .

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