Guy McKinley started the McKinley Charter Service at the beginning of August 2019. On August 31, 2019, the accounting records of the business showed the following information. Equipment $ 18,000 Rent Expense $4,800 Accounts Receivable 2,600 Cash 6,200 Fees Income 30,000 Salaries Expense 10,800 Boats 103,000 Utilities Expense 1,900 Gasoline Expense 7,500 Supplies 3,600 Loans Payable 77,500 Initial Investment 51,000 Owners' Withdrawal 4,100 Accounts Payable 4,000 Prepare an income statement and a statement of owner's equity for the month and a balance sheet as of August 31, 2019.