Faith Busby and Jeremy Beatty started the B\&B partnership on January 1, Year 1 The business acquired $67,200 cash from Busby and $142,800 from Beatty. During Year 1, the partnership earned $63,000 in cash revenues and paid $28,750 for cash expenses. Busby withdrew $2,000 cash from the business, and Beatty withdrew $5,900 cash. The net income was allocated to the captal accounts of the two partners in proportion to the amounts of their onginal investments in the business. Required Prepare an income statement, capital statement, balance sheet, and statement of cash flows for B\&B's Year 1 fiscal yeat Complete this question by entering your answers in the tabs below. Prepare an income statement for Bab's Year 1 fiscal year. $142,800 from Beatty. During Year 1 , the partnership earned $63,000 in cash revenues and paid $28,750 for cash expenses Busby withdrew $2,000 cash from the business, and Beatty withdrew $5,900 cash The net income was allocated to the capital accounts of the two partners in proportion to the amounts of their onginal investments in the business. Required Prepare an income statement, capital statement, balance sheet, and statement of cash flows for B\&B's Year 1 fiscal year: Complete this question by entering your answers in the tabs below. Prepare a capital statement for B\&B's Year 1 fiscal year. Complete this question by entering your answers in the tabs below. Prepare a balance sheet for B8B's Year 1 fiscal year. (Do not round intermediate calculations. Round your final answers to the nearest whole dollari) Prepare a statement of cash flows for BBB's Year 1 fiscal year. (Enter cash outflows with a minus sign.)