Use the following information to prepare, in good form, an income statement, a statement of changes in equity, and a statement of financial position for Lockerby Industries Ltd. for the month ended October 30, 2019. Accounts payable$ 7,500 Accounts receivable 4,400 Bank loan payable 11,000 Cash47,000 Common shares75,500 Dividends 5,000 Income tax expense 13,900 Insurance expense 1,700 Office building 100,000 Retained earnings (beginning)32,500 Revenues63,000 Salaries expense 16,500 Supplies1,000