Michael is the Treasurer for his Fraternity. Using the Information below make an income statement, balance sheet, and cash flow statement.

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Conclave Fee Risk Management Initiate Dues IFC Dues Expenses Spring 2024 OPERATIONAL COSTS $1,400.00 $10,395.00 $6,120.00 $816.00 GCM Fees $1,825.00 TOTAL OPERATIONAL COSTS $20,556.00 FUNCTIONAL COSTS Recruitment $1,250.00 Composite $1,700.00 Social/PR $3,000.00 White Star Contribution(Cheersport + Travel) $5,000.00 Homecoming/Greek Week $500.00 Storage Unit $411.00 Brotherhood $500.00 College of Chapters $575.00 Tailgate Supplies $0.00 Savings Rush Shirts $2,400.00 $200.00 LEAD Philanthropy Athletics Housing Pledge Marshall Alumni Relations Website Greek Study $300.00 $1.000.00 $150.00 $1,500.00 $200.00 $750.00 $216.00 $200.00 $0.00 Fundraising New EC Retreat Fall Deficit Random Expenses TOTAL FUNCTIONAL COSTS $300.00 $3,000.00 $400.00 $23,552.00 Conclave Fee Risk Management Initiate Dues IFC Dues Expenses Spring 2024 OPERATIONAL COSTS $1,400.00 $10,395.00 $6,120.00 $816.00 GCM Fees $1,825.00 TOTAL OPERATIONAL COSTS $20,556.00 FUNCTIONAL COSTS Recruitment $1,250.00 Composite $1,700.00 Social/PR $3,000.00 White Star Contribution(Cheersport + Travel) $5,000.00 Homecoming/Greek Week $500.00 Storage Unit $411.00 Brotherhood $500.00 College of Chapters $575.00 Tailgate Supplies $0.00 Savings Rush Shirts $2,400.00 $200.00 LEAD Philanthropy Athletics Housing Pledge Marshall Alumni Relations Website Greek Study $300.00 $1.000.00 $150.00 $1,500.00 $200.00 $750.00 $216.00 $200.00 $0.00 Fundraising New EC Retreat Fall Deficit Random Expenses TOTAL FUNCTIONAL COSTS $300.00 $3,000.00 $400.00 $23,552.00