Need to make a capital statement using this information as well as a balance sheet and cash flows can you explain also so I can understand

Saved Help Sa Required information Problem 8-20 Effect of business structure on financial statements LO 8-1 [The following information applies to the questions displayed below.] Cascade Company was started on January 1, 2018, when it acquired $154,000 cash from the owners. During 2018, the company earned cash revenues of $99,700 and incurred cash expenses of $63,300. The company also paid cash distributions of $6,000. Required Prepare a 2018 income statement, capital statement (statement of changes in equity), balance sheet, and statement of cash flows under each of the following assumptions. (Consider each assumption separately.) Problem 8-20 Part a a. Cascade is a sole proprietorship owned by Carl Cascade. Complete this question by entering your answers in the tabs below. O W