Prepare a Balance Sheet, income statement, statement of owner's equity for the above problem

Mr. Stiles Stilinski is going through the financial status of Hale and Co., Beacon Hills, California. Prepare a Balance sheet for the perusal of his boss Mr. Peter Hale. The transactions are listed below a. Initially, Mr. Peter Hale invested $67K. b. The Beacon Hills branch of Wells Fargo & Co. approved a $20K loan. c. Three months of rent ($250 per month) was due. The firm paid the rent in cash. d. As compensation for delaying the rent, next month's rent was paid in advance to appease the landlord. e. Mrs. Lydia Martin, Head of research, purchased $10000 worth of equipment. f. The store manager, Mr. Isaac Lahey, estimates $25K worth of products in storage. He expects the sales in few months. g. Salaries and utilities - 15K h. When JPMorgan Chase & Co. confirmed the $30K loan's approval, Mr. Hale removed $17K i. A 13K advance amount is received for securing the service of the firm