PLEASE answer these questions!!!

In this section, marks are indicated for each question. There are 30 marks in total. Furniture Fix-Up (FFU) is your own business. You restore and refinish antique wood furniture making the tables, chairs, desks, cabinets etc, look as good as new. You use your own car to pick up and deliver pieces, and your own cell phone to take reservations from customer. Your first month's transactions are listed below. April 10 You purchase for $300 cash, plus HST, 600 flyers to advertise your business. You haven't used any yet. April 11 You pay a student $80 cash to distribute 400 of your flyers. April 12 You fixed one chair for a customer for free, to see if he liked it and would hire you for the rest of the set. You would normally have charged him $100. Two more customers hire you to restore their dining room sets. You will charge April 15 them each $3,000 when you finish the job. They EACH give you a $1,000 cash deposit. April 27 Business is booming! You have so far collected $2,200 cash for services to happy homeowners. April 28 You now have only $250 worth of supplies left. April 29 You spent $156 from your personal funds in car expenses this month. Two-thirds of this was business travel, all of which was paid by the business. April 30 You received your cell phone bill for the month. Of the $88, half were business calls. You will pay this peraonally and the business will reimburse you in May. April 30 One month of your insurance policy has expired. April 30 The bank takes its monthly charge from the business bank account, plus an additional $6 for interest on your loan. April 30 You deliver the furniture to one of the April 15 customers. He will pay you his balance next week. IGNORE the effect on inventory! April 30 You pay two-thirds of the balance owing on the business credit card. You will pay the rest next month. REQUIRED - Use the above information to answer all of the following questions. What is Total Liabilities on FFU's balance sheet for April 30 ? ( 2 marks) What would be reported on FFU's income statement as Total Service Revenue for the month of April? ( 2 marks) If you were producing the company's December 31 year end financial statements, what would be the balance in FFU's Prepaid Insurance account? (2 marks)