Required: 1. Prepare an income statement for the year ended August 31,20Y5. 2. Prepare a statement of stockholders' equity for the year ended August 31, 20Y5. During the year, common stock of $30,000 was issued. 3. Prepare a balance sheet as of August 31,20Y5. 4. Based upon the end-of-period spreadsheet, journalize the closing entries. 5. Prepare a post-closing trial balance