Media Marketing Services has been operating for several years. It showed the following trial balance information (in alphabetical order) for the month just ended March 31, 2020: Account Accounts payable Debit Credit $ 51,000 Accounts receivable $ 3,500 Building 85,000 Cash 19,500 Revenue 137,500 Sam Smith, capital* 127,000 Sam Smith, withdrawals. 20,500 Land 89,000 Machinery 55,000 Notes payable 119,000 Office supplies 3,500 Office supplies expense 7,500 Wages expense 151,000 Totals $434,500 $434,500 *The $127,000 balance includes $40,000 invested by the owner during March. Required: Using the information provided, prepare an income statement and a statement of changes in equity for the month ended March 31, 2020, and a balance sheet at March 31, 2020