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A group or rour students started at tne pegmning of the year a new residential lands RedBear Landscaping Company (ReLC). The List of Accounts (before closing) is as of A group of four students started at the beginning of the year a new residential landscaping and snowplowing business, RedBear Landscaping Company (RBLC). The List of Accounts (before closing) is as of the end of their first year of business. Required: 1. From the List of Accounts, prepare a well-formatted, multi-step income statement for the year ended as noted. $125,000 & intrructor notations \\ \hline Total liabilities & 43,000 & \\ \hline Total equity & 82,000 & \\ \hline Sales revenue & 89,000 & \\ \hline Net income & 21,000 & \\ \hline \end{tabular} 3. Prepare a well-formatted Statement of Stockholders" Equity for the year ended as noted on a Seporate Warksheet Reminder: use a seporate worksheet for the is and for the SSE, lobeling both worksheets oppropriately. 39. 3. Prepare a well-formatted Statement of Stockholders" Equity for the year ended as noted on a Separote Worksheet 40 Aeminderi use a ispatate worksher for the is and for the sse, lobeling both worksheets appropriately. 41 Common Errers, do not mbmit untal fixed is does not contain 3 subtotals \& 1 total, NiM not calculated for both company \& industry; narrative does not explain specifically what realts mean for the company; SSE does not contain formatted beginning balances (even if zero, should be showi 50 or 5 -depending on format. Net income 42 in the sse net linked to your is