Justin Harris and Paul Berryhill started the HB partnership on January 1, 2011. The business acquired \(\$ 56,000\) cash from Harris and \(\$ 84,000\) from Berryhill. During 2011, the partnership earned \(\$ 65,000\) in cash revenues and paid \(\$ 32,000\) for cash expenses. Harris withdrew \(\$ 2,000\) cash from the business, and Berryhill withdrew \(\$ 3,000\) cash. The net income was allocated to the capital accounts of the two partners in proportion to the amounts of their original investments in the business.

Required
Prepare an income statement, capital statement, balance sheet, and statement of cash flows for the HB partnership for the 2011 fiscal year