I need (take it further) answer. asap

P2.124 (LO 4) AP Ella Mendes prepared the following trial balance for her yoga studio, Mindful Meditation, for the year ended December 31, 2024. Instructions Use the trial balance to do the following: a. Prepare an income statement for Mindful Meditation for the year ended December 31,2024 . b. Prepare a statement of owner's equity for the year ended December 31,2024 . c. Prepare a balance sheet at December 31,2024 . Taking It Further Ella has reviewed the financial statements. She does not understand why the company's revenue is not equal to the cash she collected from customers. Explain