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Assignment #2 - Prepare Basic Financial Statements: (25 marks) The records of Bruce's Slot Machines at August 31, 2022 showed the following account balances Accounts payable $12,000 Wages expense $60,000 Insurance expense 1,000 Advertising expense 10,000 Accounts receivable 19,000 Cash 15,000 Bruce F., Capital, Sept 1, 62,500 Equipment 25,000 2021 Land 12,000 Maintenance expense 6,000 Revenues Notes payable Building Interest expense 31,000 50,000 1,500 124 000 6,000 Uneamed revenue In addition, Bruce F withdrew $36,000 during the year for personal expenses Required: Prepare in good form A) Income Statement for the Year Ended August 31, 2022 B) Statement of Owner's Equity for the Year Ended August 31, 2022 C) Balance Sheet as at August 31, 2022 Hints and tips for Assignment 2 Follow the example on page 1-29 (illustration 125). (there is also an example in the Module Notes) Formatting is very important and there are marks allocated for correct formatting Show your work (using excel formulas accomplishes this goal) There are no marks for excel formatting. i.e. bolds, underlines etc are not required if you do not know how to do that in excel You can put your work on one worksheet or multiple worksheets it is your choice Please do not put information in the header or footer Always work down the excel worksheet