Noelle$$s Napkins Company has the following Adjusted Trial Balance on Dec $31$st $2023$

Noelle$$s Napkins

Adjusted Trial Balance

FYE Dec $31,2023$

Account Name Debit Credit

Cash $$104,000$

Accounts Receivable $$55,000$

Inventory $$52,000$

Prepaid Insurance $$22,500$

Supplies $$18,500$

Land $$45,000$

Building $$150,000$

Accum Dep$-$Blg $$60,000$

Equipment $$140,000$

Accum Dep$-$Equip $$22,000$

Accounts Payable $$35,000$

Unearned Revenue $$40,000$

Bonds Payable $$100,000$

Noelle$$s Capital $$191,400$

Noelle$$s Drawing $$25,000$

Revenue $$268,000$

Rent Expense $$27,000$

Salary Expense $$71,000$

Utility Expense $$6,400\_\_\_\_\_\_\_$

Total $$716,400$ $$716,400$

Required:

Prepare the following Financial Statements:

a$.$ Income Statement

b$.$ Statement of Owner$$s Equity

c$.$ The Balance Sheet for Year$-$end Dec $31$st $2023.$