Required: a. Prepare an income statement for the year ended July 31, 2023. c. Prepare balance sheet at July 31, 2023. b. Prepare statement of changes in equity for the year ended July 31, 2023. (Leave no cell blank, enter " 0 " where ever required.) Analysis Component: Analyze the balance sheet and calculate what percentage of the assets at July 31,2023 , were financed by (a) debt and (b) equily. (Round your answers to 2 decimal places.) On August 1, 2022, Cross Fitness entered its second year of operations. Cross Fitness provides high-performance group and personal training courses that have been derived from scientific research and exercises used by professional athletes. On July 31, 2023. Jay Grey, the owner, finalized the company's records, which showed the following items. Hint: The ending capital balance for one period is the beginning capital balance for the next period. There were no owner investments during the year ended July 31, 2023