December 1, 2014, Kent Brennan organized a new company called Gulf Corp On the last day of that month, the company's records showed the items listed below. Use this "ormation to prepare the December income statement and statement of changes in equity as well as the balance sheet at December 31 for Gulf Corp Account Balance a) Complete the income statement using the format provided. 69,000 Accounts payable Cash (select one) 72,000 Commissions earned Income Statement (select one) 110,500 Consulting revenue earned 139,500 Revenues, Dividends 14,500 ** Furniture 122,500 Total revenues Interest expense 20,500 Expenses Interest payable 16,000 Land 220,500 Total expenses Office salaries expense 125,000 Rent earned 67,000 Share capital 186.000 b) Complete the statement of changes in equity using the format provided. Short-term notes payable 117,500 (select one) 47,000 Store supplies expense Supplies Statement of Changes in Equity (select one) 83.500 select one) Share Retained Total Capital Earnings Equity For Month Ended December 31, 2014 For 6-months Ended December 31, 2014 For Year Ended December 31, 2014 December 1, 2014 December 31, 2014 Complete the Balance Sheet. c) Complete the Balance Sheet. Assets Total assets X (select one) Balance Sheet (select one) x+ Liabilities Equity Total liabilities and equity Total liabilities. Total equity