Paul Eastwell owns a Robina tennis resort complex. The resort has a 30th June financial year end. The resorts account balances are as follows:

Paul Eastwell tennis resort account balances 30th June 20X1

Accounts payable $22,000

Wages owing 4,600

Bank overdraft 7,300

Accounts receivable 12,000

Food inventory 3,800

Beverage inventory 2,400

Cleaning supplies 1,100

Tennis equipment 800

Land 230,000

Buildings 125,000

Loan payable 100,000

Furniture 13,000

Tax payable 14,200

Sales revenue 115,000

Food and beverage used 23,000

Wages 41,700

Miscellaneous expenses 4,200

Owners drawings 6,000

Owners equity 199,900

Required

a Prepare the income statement for Paul Eastwells tennis resort complex for the year ending 30th June 20X1.

b Prepare the statement of owners equity for Paul Eastwells tennis resort complex for the year ending 30th June 20X1.

c Prepare the balance sheet for Paul Eastwells tennis resort complex as at 30th June 20X1.