EX 1-18 Statement of owner's equity OJ. 5 Financial information related to Udder Products Company, a proprietorship, for the month ended April 30, 2016, is as follows: a. Prepare a statement of owner's equity for the month ended April 30, 2016. b. Why is the statement of owner's equity prepared before the April 30, 2016, balance sheet? EX 1-19 Income statement OBJ. 5 Dairy Services was organized on August 1,2016. A summary of the revenue and expense transactions for August follows: Prepare an income statement for the month ended August 31