Demo Consulting is a consulting firm owned and operated by Jesse Flatt. The following end-of-period spreadsheet was prepared for the year ended August 31, 2019: Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 9,280 9,280 Accounts Receivable 22,100 22,100 Supplies 2,340 1,970 370 Land 19,230 19,230 Office Equipment 18,120 18,120 Accumulated Depreciation 2,450 1,170 3,620 Accounts Payable 5,970 5,970 Salaries Payable 290 290 Common Stock 7,400 7,400 Retained Earnings Dividends 15,140 15,140 2,870 2,870 Fees Earned 61,550 61,550 Salary Expense 16,800 290 17,090 Supplies Expense 1,970 1,970 Depreciation Expense 1,170 1,170 Miscellaneous Expense 1,770 1,770 92,510 92,510 3,430 3,430 93,970 93,970 Check My Work Based on the preceding spreadsheet, prepare an income statement for Demo Consulting. Demo Consulting Income Statement For the Year Ended August 31, 2019 Expenses: Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended August 31, 2019, $2,900 of additional common stock was issued. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Demo Consulting Statement of Stockholders' Equity For the Year Ended August 31, 2019 Common Stock Retained Earnings Total Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity B Total stockholders' equity Total liabilities and stockholders' equity