Cash Waterway Engineering Services is owned by Franois Waterway. Here is a listing of financial statement items for the business for the year ended December 31, 2021. $1,280 Accounts receivable 1,792 Supplies 768 Equipment 7,936 Accounts payable 1,048 Salaries payable 584 F Waterway, capital January 1, 2021 8,320 F. Waterway, drawings 5,632 Service revenue 19,016 Rent expense 6,144 Salaries expense 3,968 Supplies expense 1,008 Utilities expense 440 Prepare income statement. Prepare income statement WATERWAY ENGINEERING SERVICES Income Statement 5 Textbook and Media Prepare a statement of owner's equity. (List items that increase owner's equity first.) WATERWAY ENGINEERING SERVICES Statement of Owner's Equity > > $ e Textbook and Media Prepare balance sheet. (List Assets in order of liquidity) WATERWAY ENGINEERING SERVICES Balance Sheet Assets $ Liabilities and Owner's Equity $ Liabilities and Owner's Enly e Texthank and More