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

No.	Account		Debit			Credit
101	Cash	$	28,400
124	Shop supplies		2,000
128	Prepaid insurance		4,600
167	Equipment		90,000
168	Accumulated depreciation, equipment				$	7,900
201	Accounts payable					19,400
210	Wages payable					9,260
301	Mike Yang, capital					144,000
302	Mike Yang, withdrawals		38,000
401	Repair revenue					161,230
612	Depreciation expense, equipment		8,900
623	Wages expense		104,900
637	Insurance expense		2,100
640	Rent expense		54,350
650	Office supplies expense		5,200
690	Utilities expense		3,340
	Totals	$	341,790		$	341,790

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.