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, 2019: Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2049 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 12,280 12,280 Accounts Receivable 29,230 29,230 Supplies 3,100 2,600 500 Land 25,140 25,140 Office Equipment 23,680 23,680 Accumulated Depreciation 3,240 1,550 4,790 Accounts Payable 7,890 7,890 Salaries Payable 380 380 Common Stock 9,800 9,800 Retained Earnings 20,010 20,010 Dividends 3,800 3,800 Fees Earned 80,260 80,260 Salary Expense 21,630 380 22,010 Supplies Expense 2,600 2,600 Depreciation Expense 1,550 1,550 Miscellaneous Expense 2,340 2,340 121,200 121,200 4,530 4,530 123,130 123,130 Based on the preceding spreadsheet, prepare an income statement for Demo Consulting. Demo Consulting Income Statement For the Year Ended August 31, 2019 Expenses: Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended August 31, 2019, $3,900 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: $o O Total property, plant, and equipment Total assets Liabilities Current liabilities: Total liabilities O Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity