Prepare the 2020 annual financial statements for Stars Company based on the following information:

Sales Revenue	$60,000	Accounts Receivable	3,300
Cash	15,000	Supplies	600
Owners Capital	32,500	Loan payables	1,461,940
Accounts Payable	12,500	Salaries expense	1,600
Withdrawal by owner	1,000	Interest expense	20
Rent expense	2,000	Building	1,500,000
Computers	30,000	Insurance expense	1,000
Prepaid insurance	12,000	Utility expense	420

Income Statement

Statement of Changes in Equity