FROM THE FOLLOWING INFORMATION, PREPARE INCOME STATEMENT, STATEMENT OF EQUITY AND BALANCE SHEET ALSO CALCULATE GROSS MARGIN RATIO AND CURRENT RATIO.

$\backslash$table$[[\backslash$table$[[$CANYON CANOE COMPANY$],[$Post$-$Closing Trial Balance$],[$December $31,2020]]],[$Account Title,Debit,Credit$],[$Cash$,$$$12,125,],[$Accounts receivable,$7,600,],[$Office supplies,$165,],[$Prepaid rent,$2,000,],[$Land$,85,000,],[$Building$,35,000,],[$Accumulated amortization$-$building,,$500],[$Canoes$,12,000,],[$Accumulated amortization$-$canoes,,$350],[$Accounts payable,,$3,670],[$Unearned revenue,,$350],[$Salaries payable,,$1,250],[$Interest payable,,$50],[$Note payable,,$7,200],[$Amber Wilson, capital,,$140,520],[$Total$,$$$153,890,$$$153,890]]$