Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2015.

Other cash flow information:

Additional investments by stockholders…………………… $ 34,000

Cash paid to purchase equipment…………………………….    40,000

Cash paid to suppliers and employees…………………… 1,490,000

Repayments of borrowings………………………………….       155,000

Cash received from customers…………………………….    1,661,000

Cash received from borrowings………………………………..      5,000

Dividends paid in cash………………………………………..           10,000

Required:

Prepare the four basic financial statements for the fiscal year ended August 31, 2015.

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Accounts Payable Accounts Receivable Cash (balance on September 1. 2014) Cash (balance on August 31, 2015) Common Stock Dividends Equipment Notes Payable $145,000 Office Expenses 15,000 75,000 80.000 100,000 10,000 Prepaid Rent Retained Eamings (beginning) Salaries and Wages Expense Salaries and Wages Payable Sales Revenue 95000 50000 410000 955,000 170.000 1,660,000 25,000 530.000 755,000 Supplies 20,000 Utlities Expense