fomework Assignment (i) The completed worksheet for Chavarria Corporation as of December 31, 20xi, after the company had completed the first month of operation, appears below. Required: 1. Prepare an income statement. 2. Prepare a statement of owner's equity. The owner made no additional imvestments during the month. 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $6,800 instead of $3,400, what net income would haive resultod? Analyze: Complete this question by entering your answers in the tabs below