You are given the Trial Balance of a business that does not use an accounting software package, and are asked to prepare a set of Financial Statements. In what order would you prepare these statements?

Balance Sheet; Income Statement; Statement of Owner's Equity; Cash Flow Statement 

It doesn't matter what order is used

 Income Statement; Balance Sheet; Statement of Owner's Equity; Cash Flow Statement 

Income Statement; Statement of Owner's Equity; Balance Sheet; Cash Flow Statement