A sole proprietorship was started on January 1, Yeat 1, when it received $53,500 cash from Martin Jones, the owner , During Yeart the company earned $36,000 in cash revenues and paid $19,600 in cash expenses. Jones withdrew $4,500 cash from the business during Year 1 Required Prepare the income statement, capital statement (statement of changes in equity), balance sheet and statement of cash flows for Jones's Year 1 fiscal year Complete this question by entering your answers in the tabs below. Income Statement Capital Statement Balance Sheet Stunt of Cash Flows Prepare the income statement. MARLIN JONES SOLE PROPRIETORSHIP Income Statement For the Year Ended December 31, Year 1 $ Capital Statement >