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Create an income statement, balance sheet and equity statement for the following information. Thank you On December 31, Local Corp is incorporated. It issues shares

Create an income statement, balance sheet and equity statement for the following information. Thank you

On December 31, Local Corp is incorporated. It issues shares for $100,000 in cash
The following are the company transactions for December and January:
31-Dec Local sells shares
10-Jan Local buys $80,000 of equipment for cash.
12-Jan Local pays rent for the month of January of $5,000.
14-Jan Local borrows $20,000 from the bank.
15-Jan Local buys $25,000 of inventory for cash.
18-Jan Local sells $10,000 worth of inventory for $28,000 cash.
20-Jan Local sells $10,000 worth of inventory for $31,000 on account
22-Jan Local incurs salary expense of $15,000
28-Jan Local pays employees $9,000 for salaries.
30-Jan Local incurs and pays interest on the loan.
30-Jan Local pays a cash dividend.
30-Jan Local incurs tax expense.
30-Jan Local incurs depreciation expense on the equipment.

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