$1/1/22-$Boughtan automated palletmoving system for the warehouse at a costof $$160,000,$ with a useful life of $5$ years and residual value of $$22,000,$ depreciated using the double declining method Hialeah Skateboard Corporation

Income Statement

For the Month Ending Jan $31,2022$

Revenue:

Less Expenses: Hialeah Skateboard Corporation

Balance Sheet

January $31,2022$

Assets:

Total Assets

Liabilities:

Owner's Equity:

Common Stock

Retained Earnings