Complete this balance sheet asap please

Required information [The following information applies to the questions displayed below] Cascade Company was started on January 1, Year 1 , when it acquired $163,000 cash from the owners. During Yea 1 , the company earned cash revenues of $92,800 and incurred cash expenses of $60,700. The company also paid cash distributions of $12,000. Required Prepare a Year 1 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately.) a. Cascade is a sole proprietorship owned by Carl Cascade. Prepare a balance sheet for Year 1