BIIS 241 Benchmark Assignment Financial Statement Preparation Applied Business Program Student Learning Outcome #2 (50 points possible) The following account balances were provided by Kate's Consulting Company as of December 31, 2022. 1. Prepare and Income Statement 2. Prepare a Statement of Owner's Equity 3. Prepare a Balance Sheet 4. Answer the following questions: a. What are the total assets of the company? b. What is the "Net Worth" of the company? c. How much does the company owe? d. What is the company's bank account balance as of December 31 , 2022