1- One month transactions of Alfa Company show the following balances. (10%) Prepare Income statement, owners equity statement and Balance sheet for the period ending January31, 2019. Sale A $12,500 Sale B $11,500 Sale $11,000 Rent Expense $6,000 Insurance Expense $9,500 Salary Expense $4,000 Cash $118,200 Accounts receivable $300 Land $30000 Office supplies $11,400 Office equipment $6,000 Fees income $72,000 Rental Income $50,000 Tel Expenses $700 Advertising Expenses $4,500 Accounts Payable $30,000 Salary payable $4,000 Capital $7600 Withdrawals $8,000