Elliptical consulting is a consulting firm owned & operated by Jason Neese. The following end-of-period spreadsheet was prepared for the year ended June30, 2016:

unadjusted trial bal. adjustments adjusted trial bal

account title dr cr dr cr dr cr

cash 27,000 27,000

a/c's receivable53,50053,500

supplies 3,000(a) 2,100 900

office equipment30,500 30,500

accumulated depreciation 4,500 (b) 1,500 6,000

a/c's payable 3,300 3,300

salaries payable(c) 375 375

Jayson Neese, Capital82,200 82,200

Jayson Neese, Drawing 2,000 2,000

fees earned 60,000 60,000

salary expense 32,000 (c) 37532,375

supplies expense(a) 2,100 2,100

depreciation expense (b) 1,500 1,500

Misc. expense 2,000 2,000

150,000 150,0003,9753,975 151,875 151,875

Based on the preceding spreadsheet, prepare an income statement, statement of owners equity, and balance sheet for Elliptical Consulting.