Prepare the following financial statements for your company at the of the month or year

1- Income Statment

2- Statement of changes in equity

3- Classified balance sheet

Cash	50,000
Suppliers	35,575
Equipment	20,000
Buildings	565,000
Prepaid Insurance	17,000
Accounts Payable		26,500
Interest Payable		6,575
Loan & Borrowings		400,000
Mortgage		185,000
Owner's Capital		50,000
Expense	7,500
Revenues		27,000
Total	695,075	695,075