$1000 common shares were issued during the year

E414 LO 4) The balance for Fraser Valley Services was prepared in 4.13. Note that ihe company issued common shares for $1.000 during the year Instructions Prepare a casament of income. (b) videment or changes in equity, and (c) statement of financial postol CITI Frore Valley stories Adjwted Torel Bdarce August 31, 2021 ) ) Credit Hidrobot Debit $11,436 18, 225 3,400 3,450 COMM 25,600 Ret Cash Acc Recevable Supplier Prepard Insurance Equipment Acc Deprecalon Equipement Accounts legable Salones Payable Interest Patable Rest Patable Income tax Parabe Born Loon Decored Revenue 5 common shores Orurderts becked, Retaired Earnings serice Revenue Salones Expose (Insurance Exense Interest Expove pest Expene 5,905 2,800 2,200 1, Soo 1 1,250 1,500 25,000 700 5,000 600 5400 54,275 19,200 1,100 1,500 15,000 2,275 3,000 1,750 Opreciation Expose - Incone for exeve - Supplies Expase Total $105,530 $105,50 encial statements E4.14 (L04) The adjusted trial balance for Fraser Valley Services Ltd. was prepared in E4.13. Note that the company issued common shares for $1,000 during the year. Instructions Prepare a (a) statement of income. (b) statement of changes in equity, and (c) statement of financial position