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On August 1. 2022, Cross Finess entered its second year of operations. Cross Fithess provides highperfdemance group and personal traning courses that have been derived

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On August 1. 2022, Cross Finess entered its second year of operations. Cross Fithess provides highperfdemance group and personal traning courses that have been derived from scientific reseorch and everclses used by profersional athletes On lily 31 : 2023 , Jay Grey. the owner, finalued the company's records, which showed the following items *thin The ending capiral batance for one period os the begining rapiar batance for the nent peviod There wrve no cwiner itwestments during the year ended Jut 31,2023. Required: a. Prepare an income statement far the year ended July Jt/2023 Hint The ending capital balance for one period is the beginnaing capital balonce for the next period. There were no ouker irivestrents during the year ended Joly 3t,2023 Required: 0. Prepare an incosse statement for the year ended July 31,2023 b. Prepare statement of changes in equify for the year ended fuly 31, 2023. (Leave no cell blonk, enter "o" where ever required ) c. Prepare balance sheet at July 31,2023 . c. Prepare balance sheet at July 31,2023 Analysis Component Analyze the balance sheet and calculate what percentage of the assets at July 31, 2023, were financed by fa) debt and (b) equity (Round your answers to 2 decimal pleces.)

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