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Financial Statements from the End-of-Period Spreadsheet Demo Consulting is a consulting firm owned and operated by Jesse Flatt. The following end-of-period spreadsheet was prepared for the year ended August 31, 2019: Demo Consulting End-of-Period Spreadsheet For the Year Ended August 31, 2019 Unadjusted Adjusted Trial Balance Adjustments Trial Balance Account Title Dr. Cr. Dr. Cr. Dr. Cr. Cash 9,700 9,700 Accounts Receivable 23,100 23,100 Supplies 2,450 2,060 390 Land 20,100 20,100 Office Equipment 18,940 18,940 Accumulated Depreciation 2,560 1,220 3,780 Accounts Payable 6,240 6,240 Salaries Payable 300 300 Common Stock 7,800 7,800 Retained Earnings 15,760 15,760 Dividends 3,000 3,000 Fees Earned 63,870 63,870 Salary Expense 17,090 300 17,390 Supplies Expense 2,060 2,060 Depreciation Expense 1,220 1,220 Miscellaneous Expense 1,850 1,850 96,230 96,230 3,580 3,580 97,750 97,750 Based on the preceding spreadsheet, prepare an income statement for Demo Consulting. Based on the preceding spreadsheet, prepare an income statement for Demo Consulting. Demo Consulting Income Statement For the Year Ended August 31, 2049 Expenses: Total expenses Based on the preceding spreadsheet, prepare a statement of stockholders' equity for Demo Consulting. During the year ended August 31, 2049, $3,100 of additional common stock was issued. If an amount box does not require an entry, leave it blank. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Demo Consulting Statement of Stockholders' Equity For the Year Ended August 31, 2049 Common Stock Retained Earnings Total Based on the preceding spreadsheet, prepare a balance sheet for Demo Consulting. Demo Consulting Balance Sheet August 31, 2019 Assets Current assets: Ut Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: 4 Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity