Dork Ltd was incorporated January 31,2022 when the owner invested $25,000 cash and received shares Question 3 from the corporation. Dork had sales on account for the 2023 fiscal year ended January 31,06$150,000 and paid expenses of $90,000 for the year. Dork collected $125,000 before year end and still owed $10,000 for 2023 expenses. On February 1, 2022, Dork purchased equipment for cash in the amount of $25,000. The equipment is expected to last 5 years and will have no residual value. Income Statement Statement of Financial Position