July 31, 2023 1 Acct.No. 161 Account Title Debit Credit Cash $ 22,500 106 Accounts receivable 11,100 128 Prepaid insurance 12,000 163 Equipment 17,700 173 Building 187,000 183 Land 131,000 201 15 Accounts payable 230 Unearned revenue points 301 Dwight Turnbull, capital $ 11,340 89,500 287,760 302 Dwight Turnbull, withdrawals 4,500 025705 401 Revenue 105,200 623 Wages expense 53,000 645 Equipment rental expense 29,000 655 Advertising expense 8,700 684 Pet food expense Totals 17,300 $493,000 $493,800 Required: Using the trial balance provided above, prepare an income statement and statement of changes in equity for the first year ended 31, 2023, and a balance sheet at July 31, 2023. Revenues Operating expenses FELINE PET CARE Income Statement For Year Ended July 31, 2023 Total operating expenses