A sole proprietorship was started on January 1, 2018, when it received $58,000 cash from Marlin Jones, the owner. During 2018, the company earned $50,000 in cash revenues and paid $18,780 in cash expenses. Jones withdrew $4,700 cash from the business during 2018 Required: Prepare the income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows for Jones's 2018 fiscal year. Complete this question by entering your answers in the tabs below. Income Statement Capital Statement Balance Sheet Smt of Cash Fls Prepare a balance sheet. MARLIN JONES SOLE PROPRIETORSHIP Balance Sheet As of December 31, 2018 Assets Check my Work Income Statement Capital Statement Balance Sheet Smt of Cash Fls Prepare a balance sheet. MARLIN JONES SOLE PROPRIETORSHIP Balance Sheet As of December 31, 2018 Assets $ Total assets Liabilities Equity 84,520 Total liabilities and equity $ 84,520 MARLIN JONES SOLE PROPRIETORSHIP Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities: Net cash flow from operating activities Cash flows from investing activities Net cash flow from investing activities Cash flows from financing activities Net cash flow from financing activities Net change in cash Ending cash balance