Please can you help me with this.

Magic Styles, Inc. opens its first hair salon in Calgary on January 1, 2023. It prepares a monthiy minancial statement for its owners and external stakeholders. Below is the unadjusted trial balance of Magic Styles at the end of its third month of operation ending on March 31, 2023. Required: Based on the unadjusted trial balance of Magic styles, Inc. above, you are required to prepare/write the following: 1) An income statement ( 8 points); 2) A statement of retained earnings ( 4 points), 3) Balance Sheet (12 points): 4) A paragraph stating your evaluation of the company's performance and financial status for the month ending March 31, 2023. (6 points) In your evaluation, state whether: the business is profitable; it is able to pay its current obligations/liabilities; and - its assets are financed more by debts or equity. Support your discussion with relevant calculations or ratios