net income $86,900

please quickly thanks

P1-42A Preparing financial statements Presented here are the accounts of Gate City Answering Service for the year ended December 31, 2014. $ 8,000 Land Notes Payable Property Tax Expense Wayne, Withdrawals Rent Expense Salaries Expense Salaries Payable 32,000 2,600 30,000 13,000 65,000 1,300 192,000 10,000 Owner contribution, 2014 Accounts Payable Accounts Receivable Advertising Expense Building Cash Equipment Insurance Expense Interest Expense $ 28,000 11,000 1,000 15,000 145,200 3,000 16,000 Service Revenue 2.500 7,000 Office Supplies Wayne, Capital, 12/31/13 54,000 Requirements 1. Prepare Gate City Answering Services income statement. 2. Prepare the statement of owner's equity. 3. Prepare the balance sheet. Accounting and the Business Environment 7 HAPTER 1 staxements Learning Objective 5 Sunts of Gate City Answering Service for the year ended 1. Net Income $86,900 $ 8,000 32,000 $ 28,000 11.000 2,600 30.000 Owner contribution, 2014 Accounts Payable Accounts Receivable Advertising Expense Building Cash Equipment Insurance Expense Interest Expense 1,000 15,000 145,200 13.000 65.000 1,300 192.000 3.000 16.000 2.500 7.000 10,000 $4,000 wering Services income statement of owner's equity