Prepare a statement of owner's equity, balance sheet, and gross profit margin$/$profit margin

An alphabetical list of Cullumber Company adjusted accounts at its fiscal year end, August $31,2024,$ follows. All accounts have

normal balances.

Additional information:

Uof the notes payable, $$6,100$ becomes due on February $17,2025.$ The balance is due in $2026.$

On July $18,2024,$ R$.$ King invested $$4,300$ cash in the business.