An alphabetical list of Sunlands Company adjusted accounts at its fiscal year end, August 31, 2021, follows. All accounts have normal balances.

Accounts payable		$15,530		Notes payable		$42,000
Accumulated depreciationequipment		14,000		Prepaid insurance		575
Accumulated depreciationfurniture		17,500		R. Smistad, capital		65,750
Cash		13,040		R. Smistad, drawings		79,000
Cost of goods sold		272,200		Rent expense		24,900
Depreciation expense		7,040		Salaries expense		50,900
Equipment		35,000		Salaries payable		2,250
Furniture		42,000		Sales		465,000
Insurance expense		3,575		Sales returns and allowances		16,300
Interest expense		2,120		Supplies		950
Interest payable		545		Supplies expense		6,325
Merchandise inventory		71,250		Unearned revenue		2,600

Additional information: 1. Of the notes payable, $6,300 becomes due on February 17, 2022. The balance is due in 2023. 2. On July 18, 2021, R. Smistad invested $3,500 cash in the business.

Prepare a multiple-step income statement, owner's equity, balance sheet

(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)