Glent Company prepared the following trial balance at its year end of August $31,2022.$ The company is owned by Judas Glent.

Glent Company

Trial Balance

August $31,2022$

Account Titles DR CR

Cash $$15,000$

Accounts Receivable $$6,100$

Merchandise Inventory $$6,700$

Prepaid Expenses $$2,200$

Store Equipment $$40,100$

Accumulated Depreciation$-$Equipment $$2,800$

Accounts Payable $$6,500$

Unearned Revenue $$5,100$

Bank Loan $$9,000$

Glent, Capital $$46,550$

Glent, Withdrawals $$1,800$

Sales Revenue $$51,650$

Gain on Sale of Equipment $$4,400$

Cost of Goods Sold $$20,000$

Advertising Expense $$1,900$

Depreciation Expense$-$Equipment $$2,800$

Interest Expense $$600$

Office Salaries Expense $$4,900$

Rent Expense$-$Retail Space $$10,100$

Rent Expense$-$Office Space $$5,300$

Sales Salaries Expense $$8,500$

Total $$126,000$ $$126,000$

Notes: Assume the balance of owner's equity is the opening balance. The bank loan is payable over $10$ years in equal annual installments.

Required

a$)$ Prepare a multi$-$step income statement,statement of owners equity and balance sheet.