1. Jones Company is a merchandise company that uses the perpetual inventory method. The business is a sole proprietorship and prepares financial statements on a monthly basis. It has the following adjusted trial balance at January 31: 8,000 Cash 10,000 Notes payable (all long-term) 11,000 Accounts receivable 42,600 Owner's capital, January 1 22,500 Merchandise inventory 4,000 Owner's withdrawals 34,200 Equipment 314,700 Sales revenue 7,400 Accumulated depreciation 230,400 Cost of goods sbid 5,800 Accounts payable 71,400 Operating expenses 1,000 Wages payable A. Prepare a MUTLI-STEP income statement for Jones Company IN GOOD FORMAT for January B. Prepare a statement of owner's equity for Jones Company IN GOOD FORMAT for January C. Prepare a classified balance sheet for Jones Company IN GOOD FORMAT for January