A list of account balances for Mr Yen's business (Yinyan) at the end of the 30June 2013 reporting period is shown below. Produce the income statement for the reporting period, and the equity balance at the end of the year.

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YINYAN PTY LTD Income Statement for the 12-month period ended 30 June 2013 356 000 Service Revenue Rent Revenue Total Income 28 000 384 000 xpenses Salaries Expense Supplies Expense Rent Expense Insurance Expense Depreciation Expense Total Expenses Profit 228 600 35 000 59 000 4 200 41 300 368 100 S15 900