The balance sheet is a more detailed presentation of the accounting equation. The income statement and statement of changes in equity are linked to the balance sheet (by the accounting equation). Calculate the missing amounts below.

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b. Allin Servicing Income Statement Allin Servicing Income Statement For Month Ended April 30, 2014 For Month Ended May 31, 2014 Revenues. Expenses Net income (loss) $300 RevenueS Expenses.... Net income (loss) 85 Allin Servicing Statement of Changes in Equity For Month Ended April 30, 2014 Allin Servicing Statement of Changes in Equity For Month Ended May 31, 2014 Tim Allin, capital, April 1 Add: Investments by owner...3 50Tim Allin, capital, May 1 Add: Investments by owner 60 Net income $110 Net income...ssuvrss Total Less: Withdrawals by owner.. Tim Allin, capital, April 30 $255 -' | | Less: withdrawals by owner ?Tim Allin, capital, May 31 otal 75 Allin Servicing Balance Sheet April 30, 2014 Allin Servicing Balance Sheet May 31, 2014 Liabilitles Assets Cash 60 Accounts payable 25 Equipment...Equity Liabilities Assets Cash $120Accounts payable 3 45 Equipment... Equity ? Tim Allin, capital Total liabilities Tim Allin, capital Total liabilities Total assets $265and equity | | Total assetsand equity