Hi, Can you help me with these please? with explanation please. I still don't how to exactly draft them. like for the same data I need : Income statment,Statment of owner's, equity.atement

Guy Mckinley started the Mckinley Charter Service at the beginning of August 2019. On August 31, 2019, the accounting rec business showed the following information. Equipment $20, 400 Rent Expense $ 6,800 Accounts Receivable 1, 700 Cash 7,900 Fees Income 38, 000 Salaries Expense 12 , 700 Boats 98 , 500 Utilities Expense 1, 450 Gasoline Expense 9, 500 Supplies 5 ,500 Loans Payable 79,000 Initial Investment 46,500 Owners' Withdrawal 5,300 Accounts Payable 6, 250 Prepare an income statement and a statement of owner's equity for the month and a balance sheet as of August 31, 2019. Complete this question by entering your answers in the tabs below. Income Stmt of Statement Owners Eqty Balance Sheet Prepare an income statement for the month of August 31, 2019. MCKINLEY CHARTER SERVICE Income Statement Month Ended August 31, 2019 Revenue: Fees income $ 38,000 Expenses Gasoline expense $ 9,500 Rent expense 6,800 Salaries expense 12,700 Utilities expense 1,450 Total expenses 30,450 Net income $ ,550