A sole proprietorship was started on January 1, Year 1, when it received $62.000 cash from Marlin Jones, the owner During Year 1, the company earned $38,200 in cash revenues and paid $21,600 in cash expenses. Jones withdrew $5,300 cash from the business during Year 1 Required Prepare an income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows for Jones' Yeat 1 fiscal year Complete this question by entering your answers in the tabs below. Drepare an income statement for Jones Year 1 fiscal year. A sole proprietorship was started on January 1, Year 1, when it received $62,000 cash from Marlin Jones, the owrier. During Year 1, th company earned $38,200 in cash revenues and paid $21,600 in cash expenses Jones withdrew $5,300 cash from the business during Year 1 . Required Prepare an income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows for Jones' Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare a capital statement (statement of changes in equity) for Jones Year 1 flscal vear. Complete this question by ontering your answers in the tabs below. Prepare a balance sheet for Jones Vear 1 fiscal year. Prepare a staternent of cash flows for Jones' Year 1 fiscal year. (Enter cash outflows with a minus sign.)