Complete an income statement and a balance sheet using the completed work sheet below.

AccountsTrial BalanceIncome StatementBalance SheetDebitCreditDebitCreditDebitCreditBank$ 1,852.251,852.25Accounts Receivable15,325.0015,325.00Office Supplies1,863.001,863.00Furniture and Equipment7,258.367,258.36Land45,500.0045,500.00Building52,365.5052,365.50Automobiles9,255.659,255.65Trucks36,252.9536,252.95Accounts Payable$ 3,579.253, 579.25HST Payable730.00730.00HST Recoverable450.00450.00Bank Loan25,000.0025,000.00Mortgage Payable75,000.0075,000.00Danielle Nowak, Capital58,099.9858,099.98Danielle Nowak, Drawings32,000.0032,000.00Fees Earned125,254.00125,254.00Gas and Oil Expense26,215.2426,215.24Insurance Expense2,657.252,657.25Miscellaneous Expense1,526.851,526.85Telephone Expense965.32965.32Truck Repairs Expense4,240.654,240.65Utilities Expense1,575.651,575.65Wages Expense48,359.5648,359.56____________________________________________________________$287,663.23$287,663.2385,540.52125,254.00202,122.71162,409.23===================39,713.4839,713.48125,254.00125,254.00202,122.71202,122.71====================================