Financial Statements from the End-of-Period Spreadsheet Demo Consulting is a consulting firm owned and operated by Jesse Flatt. The following end-of-period spreadsheet was prepared for the year ended August 31, 20Y9 Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2049 Adjusted Trial Balance Adjustments Dr. Cr. Account Title cr. Cash Accounts Receivable Unadjusted Trial Balance Dr. Cr. 10,530 25,060 2,660 21,800 20,550 2,780 Dr. 10,530 25,060 430 21,800 20,550 Supplies 2,230 Land Office Equipment Accumulated Depreciation 1,330 4,110 Accounts Payable 6,770 6,770 Salaries Payable 330 330 Common Stock 8,400 17,160 8,400 17,160 Retained Earnings Dividends 3,260 3,260 Fees Earned 69,040 69,040 Salary Expense 18,290 330 18,620 17,160 17,160 Retained Earnings Dividends 3,260 3,260 Fees Earned 69,040 69,040 Salary Expense 18,290 330 Supplies Expense 2,230 1,330 Depreciation Expense 18,620 2,230 1,330 2,000 105,810 Miscellaneous Expense 2,000 104,150 104,150 3,890 3,890 105,810 Based on the preceding spreadsheet, prepare an income statement for Demo Consulting. Demo Consulting Income Statement For the Year Ended August 31, 2049 Expenses: 100 Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended August 31, 2019, $3,300 of additional common stock was issued. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Demo Consulting Statement of Stockholders' Equity For the Year Ended August 31, 2049 Common Stock Retained Earnings Total Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting. Demo Consulting Balance Sheet August 31, 2049 Assets Current assets: Total current assets Property, plant, and equipment: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity