Prepare Income statement, owner's Equity and Balance sheet for Freeman Co. for the year ended on Jun 30, 2017 (Note the balance sheet does not balance) Cash Sales Account receivable 23,000 Insurance expense 168,000 Prepaid insurance 25,300 Interest expense 20,500 Depreciation expenses - showroom 12,600 14,700 15,500 6,000 Account payable Fright Out Sales commission Rent expense Rent revenue Unearned rent Owner's investment Owner's drawing Merchandise inventory on Jun 30 2017 Cost of merchandise sold Land 4,000 Accumulated depreciation -Showroom 18,000 35,000 Building 21,800 Showroom 10,500 Sales discount 9,000 Sales return 150,000 Retain earning 20,000 Office supplies 15,000 Office supplies expense 70,000 48,000 5,400 7,000 40,000 22,000 5,600 85,600 Bank loan (Final payment due in 2025) 20,000 30,000