Kapernack Group starts operations as a Financial Services Consulting Company in January $2020.$

Create an Income Statement and Balance Sheet of Kapernack for the first year of operations ending $31$ December $2020$ Then create the Financial Statements for $31$ December $2021$

$\backslash$table$[[1,$Cash Equity injected by Colin Kapernack in January $2020],[2,$Purchase of Office Furniture in February $2020],[4,$Office Renovation$],[5,$Purchase of Computer Equipment in Mar $2020],[6,$Purchase of Software in Mar $2020],[7,$Services billed to customers for $2020],[8,$Services billed but not yet paid as of $31$ Dec $2020],[9,$Utilities per month from Feb $2020-$ Paid after $15$ days from end of month$],[10,$Rental per month from Jan $2020($first $3$ months free$)],[11,$Employee Benefits and Compensation $($from May $2020)],[12,$Advertising and Promotions per month$],[13,$Director Salary per month from October $2020],[-,$Annual Regulatory Fees $($ASIC$,$ Company Fees etc$)]]$