MY Autobodys adjusted trial balance on December 31, 2023, appears in the work sheet as follows:

No. Account Debit Credit

101 Cash $ 27,300

124 Shop supplies 1,450

128 Prepaid insurance 3,500

167 Equipment 84,500

168 Accumulated depreciation, equipment $ 6,800

201 Accounts payable 18,300

210 Wages payable 8,160

301 Mike Yang, capital 133,000

302 Mike Yang, withdrawals 32,500

401 Repair revenue 151,330

612 Depreciation expense, equipment 7,800

623 Wages expense 103,800

637 Insurance expense 1,550

640 Rent expense 48,850

650 Office supplies expense 4,100

690 Utilities expense 2,240

Totals $ 317,590 $ 317,590

There were no investments by the owner during the year.

Prepare an income statement for the year ended December 31, 2023.

Prepare a statement of changes inequity for the year ended December 31, 2023.

Prepare a balance sheet at December 31, 2023.