Embolo Engineering Services is owned by F Sunland. Here is a listing of financial statement items for the business for the year ended December 31, 2021.

Cash$1,200Accounts receivable1, 680 Supplies 720 Equipment 7,440 Accounts payable 980 Salaries payable 548 F. Sunland, capital January 1, 2021

7,800 F. Sunland, drawings

5,280 Service revenue 17,828 Rent expense 5,760 Salaries expense 3,720 Supplies expense 944 Utilities expense 412

A) Prepare income statement

B) Prepare a statement of owner's equity. (List items that increase owner's equity first.)

C) Prepare balance sheet. (List Assets in order of liquidity.)