Financial data for Safety Hire as of 30 June 2019 are:

Required:

Accounts receivables-$63000 Wages expenses-$75000

Equipment hire income-$1 70 000 Advertising Expense- $30000

Accounts Payable-$40000 Land - $75000

Michael Donato, Capital-? Hire Equipment- $180000

Cash at bank-45000 Loan Payable - $50000

Mortgage payable-$130000 Electricity Expense - $18000

Building-$85000 Telephone Expense - $7500

Make income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June 2019.