Prepare a statement of changes inequity for the year ended December $31,2023.$

Mike Yang, capital, December $31$ Prepare a balance sheet at December $31,2023.$

$\backslash$table$[[$MY AUTOBODY$],[$Balance Sheet$],[$December $31,2023],[$Assets$],[$Current assets:$],[,,],[\backslash$zeta $,,],[,,],[,,],[$Total current assets,$$,0],[$Property$,$ plant and equipment:$],[,,],[,,],[$Total assets,$$,0],[$Liabilities$],[$Current liabilities:$],[,,],[,,],[$Total current liabilities,$$,0],[$Equity$],[,,],[,,],[$Total liabilities and equity,$$,0]]$MY Autobody's adjusted trial balance on December $31,2023,$ appears in the work sheet as follows:

$\backslash$table$[[$No$.,$Account,Debit,Credit$],[101,$Cash,$$28,800,],[124,$Shop supplies,$2,200,],[128,$Prepaid insurance,$5,000,],[167,$Equipment,$92,000,],[168,$Accumulated depreciation, equipment,,$$8,306],[201,$Accounts payable,,$19,806],[210,$Wages payable,,$9,660],[301,$Mike Yang, capital,,$148,006],[302,$Mike Yang, withdrawals,$40,000,],[401,$Repair revenue,,$164,836],[612,$Depreciation expense, equipment,$9,300,],[623,$Wages expense,$105,300,],[637,$Insurance expense,$2,300,],[640,$Rent expense,$56,350,],[650,$Office supplies expense,$5,600,],[690,$Utilities expense,$3,740,],[$Totals$,\backslash$bar $($$$350,590),$$$350,596]]$

There were no Investments by the owner during the year.

Prepare an Income statement for the year ended December $31,2023.$

$\backslash$table$[[$MY AUTOBODY,,$],[$Income Statement,,$],[$For Year Ended December $31,2023,,],[$Revenues:$,,],[,,],[$Operating expenses:,,$],[,,],[,,],[,,],[,,],[$Total operating expenses,,$]]$