Kobe Corporation ("Kobe") was organized on January 1, 2019 and provides sports agent services. At December 31, 2019, Kobe had the following financial data for the year: Accounts payable Accounts receivable, net Cash Common stock Equipment, net Income tax rate Note payable Total operating expenses Total sales revenue $ $ $ $ $ 210,000 250,000 185,000 125,000 125,000 25% 112,500 130,000 280,000 $ $ $ Kobe did not declare or pay dividends in 2019 The beginning balances in retained earnings and common stock are $0 as the business was started i REQUIRED: 1. Prepare a summarized income statement for the year. 2. Prepare a statement of stockholders equity for the year. 3. Prepare a balance sheet for the year. 9 5 SUBMISSION: 5 Please name your file as follows so that we can easily identify your file. "FIRST NAME_LAST NAME 7 with "AAAA" being your Section number. This will help in identifying the student and section for 8 Problem set submission is due submitted to your Instructor by the beginning of class on Day 6. Di 0 1 -2 33 84 35 36 37 38 39 40 41 42