I need help with my homework . Here is the question. We will use the income statement and balance sheet from our previous laboratory exercise for you to see the continuity of the accounting process.

Aris Castro, CPA Income Statement For the Month Ended March 31, 2017 Professional Fees Income 19,100 Less: Expenses salary 3,800 Rent 1,400 Utilities 800 Depreciation 300 Supplies 400 6,700 Net Profit P 12,400 Aris Castro, CPA Balance Sheet March 31, 2017 Assets Current Assets Cash 3,200 Supplies 3,000 Prepald Rent 900 Total current 3,100 Non-current Assets Office Equipment 51, 100 Less: Accumulated Depreciation 6,500 44,600 Total Assets 62,700 Llabilltl as and Capital LIabilities Current llabilltles Accounts Payable 4,600 salary Payable 300 Unearned Professional Fees Income 100 Total current llabilltles 5,500 Long-term llabilities Long-term Notes Pavabla 10,000 Total Liabilities 15,500 Capital Capital, March 1 25,200 Add: Net Profit 12,400 Total 38,200 Less: Drawing 1,000 Capital, March 31 37 200 Total Liabilities and Capital 52,700