Cycle Travel Tours showed the following trial balance information (in alphabetical order) for its first month just ended March 31, 2023: Account Debit Accounts payable Credit $ 400 Accounts receivable $1,850 Cash 400 Equipment 600 Interest expense 10 Francois Laneuv, capital 1,950 Francois Laneuv, withdrawals 1,400 Notes payable 1,000 Prepaid insurance 200 Salaries expense 700 Service revenue Unearned service revenue 1,450 360 Totals $5,160 $5,160 Required: Use the information provided to complete an income statement, statement of changes in equity, and balance sheet. Revenues: CYCLE TRAVEL TOURS Income Statement For Month Ended March 31, 2023 Operating expenses: Required: Use the information provided to complete an income statement, statement of changes in equity, and balance sheet. CYCLE TRAVEL TOURS Income Statement For Month Ended March 31, 2023 Revenues: Operating expenses: Total operating expenses CYCLE TRAVEL TOURS Statement of Changes in Equity For Month Ended March 31, 2023 Francois Laneuv, capital, March 1 Add: Investment by owner $ 1,950 Add: Profit Total Add: Withdrawal by owner 740 $ 2,690 1,400 Francois Laneuv, capital, March 31 $ 69 1,290 Total assets Assets $ SA CYCLE TRAVEL TOURS Balance Sheet March 31, 2023 Total liabilities Liabilities Equity 0 Total liabilities and equity $ 69 0 0