I got confused with this homework question.

\fPrepare a statement of changes in equity for the year. (If an amount reduces the account balance then enter with negative sign or parentheses e.g. (45) or -45.) SHERIDAN INC. Statement of Changes in Equity Common Retained Total Shares Earnings EquityPrepare an income statement for the year. SHERIDAN INC. Income Statement Prepare a statement of changes in equity for the year. (If an amount reduces the account balance then enter with negative sign or parentheses e.g. (45) or -45.)Prepare a statement of financial position for the year. (List Current Assets in order of liquidity.) SHERIDAN INC. Statement of Financial Position Assets $L Liabilities and Shareholders' Equity