Build the Income Statement and Balance Sheet for CanDo Inc. based on the information given below,

Accounts payable$141,000Accounts receivable$103,000Cash and cash equivalents$154,000CoGS$224,700Common Stock$1,286,000Depreciation$37,000Dividend payout ratio40%Interest paid$43,000Inventory$129,000Long-term debt$1,254,000Net Fixed Assets$2,530,000Sales$330,000Short-term debt$132,000Tax rate35%Number of shares1,000,000Price per share$0.50