From the trial balance of Hugo's Cleaners$,$ ?prepare the following for August:

$1.$ ?Income Statement $2.$ ?Statement of ?owner's equity $3.$ ?Balance sheet

Trail Balance:

Hugo's Cleaners

Trial Balance

August $31,202$X

? Debit Credit

Cash $450$

Equipment $980$

Accounts Payable $620$

L$.$ ?Hugo, Capital $677$

L$.$ ?Hugo, Withdrawals $100$

Cleaning Fees $487$

Salaries Expense $110$

Utilities Expense $144$

Totals $1,7841,784$

Prepare the income statement. Complete the heading as well as the body of the statement. (If an input field is not used in the income statement leave the field empty; do not select a label or enter a zero.) Prepare the statement of owner's equity. Complete the heading as well as the body of the statement. (Assume that there were no new investments from the owner during the accounting period.) Less: in Capital Complete the heading as well as the body of the statement. (If an input field is not used in the financial statement leave the field empty; do not select a label or enter a zero.) Assets Liabilities and Owner's Equity Liabilities Owner's Equity Total Assets Total Liabilities and Owner's Equity