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The capital of horper Eorg. enner, was $57,850 at May 1, 2018, the beginning of the vear, and the onner withdrew 527,200 during the year.

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The capital of horper Eorg. enner, was $57,850 at May 1, 2018, the beginning of the vear, and the onner withdrew 527,200 during the year. 1. Prepare an income statement for the year ended April 30,2019. 2. Prepare a statement of owner's equity for the year ended April 30, 2019 . 3. Prepare a balance sheet as of April 30, 2019. When entering assets, enter them in order of liquidity. 4. What item appears on both the statement of owner's equity and the balance sheet

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