Extend Your Skills Extend Your Skills 63 EA2-E1 Create Financial Statements for Frozen Fractals Corp. In this exercise, you will create an income statement, statement of owner's equity, and balance sheet in Excel for Frozen Fractals Corp. With the exception of the Jacqueline Elise, Capital account (the balance for which is from 12/1/2016), the company had the following account balances as of 12/31/2016. Land Office Expense Rent Revenue Accounts Payable Accounts Receivable Auto Expense Cash Furniture Jacqueline Elise, Capital - 12/1/2016 Jacqueline Elise, Drawing $6,000 $4,100 $9,400 $61,000 $8,000 $73,200 Sales Revenue $27,000 $4,000 $8,500 $41,000 $2,500 $6,100 $3,600 Supplies Expense Telephone Expense Utilities Expense $3,000 When creating the financial statements, be certain to use the techniques from this chapter to present each in good form