Industrial Relations Ltd. offers mediation services for unionized companies. When there is a contract dispute between a union and company management, often the two sides require an outside consultant to assist in the negotiations Industrial Relations Ltd. fills this role. The following account balances relate to the companys June 30, 2017 year-end financial statements: Accumulated depreciation - buildings $12,000 Travel expense $6,000 Wages expense 35,000 Retained earnings (July 1, 2016) 34,900 Equipment 7,000 Accumulated depreciation - equipment 1,500 Supplies 500 Supplies expense 3,500 Depreciation expense 2,500 Interest expense 3,000 Consulting revenue 88,000 Common shares (July 1, 2016) 100 Buildings 125,000 Mortgage payable 60,000 Cash 3,000 Accounts receivable 1,000 Dividends 6,000 Notes payable 5,000 Income tax expense 11,000 Accounts payable 2,000 Notes: There were no common shares issued or repurchased during the year. The current portion of the mortgage payable was $8,000. Required: a.) Prepare an income statement for the year ended June 30, 2017. b.) Prepare a statement of changes in equity for the year ended June 30, 2017. c.) Prepare a statement of financial position as at June 30, 2017.