1. The following information is available for the New York Giants Rental.

	Assets at December 31, 2004........................................	$152,000
	2004 Cash inflows from operating activities..................	105,000
	2004 Cash outflows from financing activities................	(44,000)
	2004 Cash outflows from investing activities................	(84,000)
	2004 Expenses..............................................................	43,000
	Equity at December 31, 2003........................................	62,000
	Liabilities at December 31, 2004...................................	28,000
	2004 Revenues..............................................................	135,000
	2004 Withdrawals.........................................................	(30,000)

Using the above information prepare an Income Statement, Statement of Owner's Equity, and Statement of Cash Flows for the Skate and Boards Rental for 2004. Also prepare its Balance Sheet as of December 31, 2004.