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, 20Y9 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 12,200 12,200 Accounts Receivable 29,040 29,040 Supplies 3,080 2,580 500 Land 25,260 25,260 Office Equipment 23,810 23,810 Accumulated Depreciation 3,220 1,540 4,760 Accounts Payable 7,840 7,840 Salaries Payable 380 380 Common Stock 9,800 9,800 Retained Earnings 19,820 19,820 Dividends 3,780 3,780 Fees Earned 80,300 80,300 Salary Expense 21,490 380 21,870 Supplies Expense 2,580 2,580 Depreciation Expense 1,540 1,540 Miscellaneous Expense 2,320 2,320 120,980 120,980 4,500 4,500 122,900 122,900 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, 20Y9, $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, 20Y9 Common Stock Retained Earnings Total Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting. Demo Consulting Balance Sheet August 31, 2019 Assets Current assets: Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Current liabilities: Total liabilities Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity