Kate's Kite Company (a corporation) sells and repairs kites from manufacturers around the world. Its stores are located in rented space in malls and shopping centers. During its first month of operations ended April 30, Kate's Kite Company completed eight transactions with the dollar effects indicated in the following schedule:

Accounts	DOLLAR EFFECT OF EACH OF THE EIGHT TRANSACTIONS	Ending Balance
(a)	(b)	(c)	(d)	(e)	(f)	(g)	(h)
Cash	$82,000	$(15,400)	$(6,200)	$9,820		$(1,300)	$(2,480)	$3,960
Accounts Receivable				4,180
Inventory			24,800	(7,000)
Prepaid Expenses							1,860
Store Fixtures		15,400
Accounts Payable			18,600		$1,480
Unearned Revenue								2,510
Common Stock ($1 par value)	10,000
Additional Paid-in Capital	72,000
Sales Revenue				14,000				1,450
Cost of Sales				7,000
Wages Expense						1,300
Rent Expense							620
Utilities Expense					1,480

Required:

2. Compute the ending balance in each account and prepare an unadjusted classified income statement and a classified balance sheet for Kate's Kite Company on April 30.

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What is the completed unadjusted income statemnet and balance sheeet?