5. From the information given below, prepare a November income statement, a November statement of changes in equity, and a November 30 statement of financial position. On November 1 of the current year, Reem began "Reem Company For Design" with an initial investment of $50,000 cash. On November 30 her records showed the following (alphabetically arranged) items and amounts. Accounts payable........ Accounts receivable Cash..... $12,000 Office Equipment......... 23.000 Owner's withdrawals 17,200 Rent expense............ S40,000 6,000 3,600 6,200 250 30,000 Salaries expense........... 4,250 Telephone expense.. Fees earned.................. Notes payable