3(2)-Financial Statement Correction (1/2% per item, including totals) Am All Mixed Up Company" gave you the following Income Statement and Balance Sheet. As a dedicated student of BFIN 43. (and well taught I might add) you can immediately tell that the statements are not correct. Make the necessary corrections below by crossing out the account name it it is incorrect, and writing in the conect name with the correct amount to the right of the incorrectly printed number. (1/2 % per account) Am All Mixed Up Company-Income Statement As at November 30, 2023 Capital Stock Deferred Revenue 165,000 1200 Net Sales 167,800 Cash 12,000 Gross Margin 155,800 Accumulated Depreciation-Building 15,000 GST Payable 5.600 Accounts Receivable 41,000 Accounts Payable 21,900 Prepaid Expense 5,300 Total Expenses 93,800 Net income 62,000 I Am All Mixed Up Company Balance Sheet For the Month Ended Nov 30, 2023 Current Assets Curent Liabilities Depreciation Expense 1.500 Sales Discount 2,000 Land 111.900 Inventory 63,000 Interest Payable 1,200 Interest Expense 500 Bad Debt Expense 300 AFDA 3,000 Accumulated Depreciation-Vehicles 26,000 Rent Expense 2,000 COGS 21,000 Vehicles 128.000 Total Current Assets 161,900 Total Current Liabilities 196,500 Fixed Assets Long Term Liabilities Taxes Payable 3,200 GST Receivable 2,000 Building 250,000 Mortgage 235,000 Total LT Liabilities 250,000 Wages Expense 5,600 Equity Long Term Loan 120,000 Net Income 62,000 Total Fixed Assets 365,800 Sales 40,000 Total Equity 102.000 Total Assets 527,700 Total Liab & Equity 548,500