Exercise $3-19$ Preparing financial statements LO$7$AccountCashAccounts receivablePrepaid insuranceEquipmentAccumulated depreciation, equipmentAccounts payableAbraham Nuna, capital Abraham Nuna, withdrawalsRevenuesDepreciation expense, equipmentSalaries expenseInsurance expenseTotalsNUNA MUSICTrial BalancesFebruary $28,2023$Unadjusted TrialBalanceDr.Cr$.$$$14,00032,00016,800102,000$$ $23,00019,000213,000102,000214,0000187,70014,500$$$469,000$$$469,000$AdjustmentsDr.Cr$.$$$31,000$$$12,00011,50031,00011,50012,000$$$54,500$$$54,500$Adjusted TrialBalanceDr.Cr$.$$ $14,00063,0004,800102,000$$ $34,50019,000213,000102,000245,00011,500187,70026,500$$$511,500$$$511,500$Using the completed adjusted trial balance columns from the above table, prepare an income statement, a statement of changes in equity, and a balance sheet for the year ended February $28,2023.$ Assume that the owner made no investments during the year.