10 Marks Ms Indy opened uChampion Painters (UCP) on 1 June 2021. On 31 May 2022, records show the following accounts: $'000 Ms Indy Capital Salaries expense 7200 1408 Cash at bank 784 Accounts payable 864 Ms Indy, drawings 1760 Advertising expense 1592 Building 4800 Vehicle 5448 Painting supplies 560 Painting supplies used 1248 Painting revenue 9832 Equipment (painting) 1680 Long term loan 4000 Accounts receivable 1336 Repairs expense 816 Accountant fees expense 464 Required: 100 a b Prepare an income statement for uChampion Painters (UCP) for the year ended 31 May 2022. Prepare a balance sheet as at 31 May 2022. 4 marks 6 marks