Farah decided to open a new coffee shop called "Happiness Coffee Shop". The below information is related to her coffee shop and she asked you to help her in preparing a number of financial statements. Coffee Machine $ 1,000 Revenues $ 23,000 Rent expenses 6,000 Cash 15,000 Loan 9,000 Drawings 1,000 Notes receivable 3,000 Account payable 1,000 Beginning Capital 5,000 Furniture 5,000 Advertising expense 6,000 Cups 1,000 Instructions: 1- Prepare the following statements for the year ended December 31, 2019: (a) Income statement (b) Owners' equity statement (c) Balance sheet Hint: write the statements title and show clearly the financial statements items