complete P3 103,5 Preparation and Interpretation of Financial Statements P3. Fuel Designs' financial accounts follow. The company has just completed its tenth year of operations ended December 31, 2014. Accounts Payable Accounts Receivable Cash Commission Sales Revenue Commissions Expense Commissions Payable Equipment Marketing Expense Office Rent Expense Owner's Capital, December 31, 2013 Supplies Supplies Expense Telephone and Computer Expenses Wages Expense Withdrawals $3,600 4,500 71,700 400,000 225,000 22,700 59,900 20,100 36,000 64.300 700 2,000 5,100 12,000 33.000 REQUIRED 1. Prepare Fuel Designs' income statement, statement of owner's equity, and balance sheet. There were no investments by the owner during the year. 2. ACCOUNTING CONNECTION The owner is considering expansion. What other financial statement would be useful to the owner in assessing whether the compa ny's operations are generating sufficient funds to support the expenses! Why would it be useful