prepare income statement, statement of owner's equity , balance sheet ,gross profit margin and profit margin

An alphabetical list of Orioles Company adjusted accounts at its fiscal year end, August 31, 2021, follows. All accounts have normal balances. $42,000 575 Accounts payable Accumulated depreciation-equipment Accumulated depreciation-furniture Cash Cost of goods sold Depreciation expense Equipment Furniture Insurance expense Interest expense Interest payable Merchandise inventory $15,580 14,000 17,500 33,500 271,600 7,000 35,000 42,000 3,575 2,170 565 Notes payable Prepaid insurance R. Smistad, capital R. Smistad, drawings Rent expense Salaries expense Salaries payable Sales Sales returns and allowances Supplies Supplies expense Unearned revenue 65,750 70,000 24,700 50,200 2,250 474,000 16,300 950 6,325 2.600 70,350 Additional information: 1. Of the notes payable, $6,900 becomes due on February 17, 2022. The balance is due in 2023. 2. On July 18, 2021, R. Smistad invested $3,500 cash in the business