4. Riverside, Inc. presents the following trial balance at the end of its first year of business.

Accounts	Debit	Credit
Cash	$4
Sales revenues		$10
Operating expenses	6
Inventory	8
Accounts payable		5
Common stock		3

Required: Use the account balances in the above trial balance to construct (1) an Income Statement, (2) Statement of Owners Equity and (3) Balance Sheet for Riverside Inc.

Note: Beginning Owners Equity is $3 and there are no dividends.