Can you please help me with this problem? It has 3 parts and each picture has the letter associated with the corresponding part as each part asks for the income statement and balance sheet, I will be so grateful :) !

Adams Company began operations on January 1, Year 1, by issuing common stock for $35,000 cash. During Year 1, Adams received $50,600 cash from revenue and incurred costs that required $36,600 of cash payments.

A. Prepare a GAAP-based income statement and balance sheet for Adams Company for Year 1, under the following independent scenario:

Adams is a promoter of rock concerts. The $36,600 was paid to provide a rock concert that produced the revenue.

B. Prepare a GAAP-based income statement and balance sheet for Adams Company for Year 1, under the following independent scenario:

Adams is in the car rental business. The $36,600 was paid to purchase automobiles. The automobiles were purchased on January 1, Year 1, and have three-year useful lives, with no expected salvage value. Adams uses straight-line depreciation. The revenue was generated by leasing the automobiles.

C. Adams is a manufacturing company. The $36,600 was paid to purchase the following items:

1. Paid $3,600 cash to purchase materials that were used to make products during the year.
2. Paid $1,780 cash for wages of factory workers who made products during the year.
3. Paid $11,620 cash for salaries of sales and administrative emplovees.
4. Paid $19,600 cash to purchase manufacturing equipment. The equipment was used solely to make products. It had a four-year life and a $2,400 salvage value. The company uses straight-line depreciation.
5. During Year 1, Adams started and completed 2,200 units of product. The revenue was earned when Adams sold 1,750 units of product to its customers.

Complete this question by entering your answer in the tabs below. Prepare an Income Statement: ADAMS COMPANY Balance Sheet as of 12/31/Y1 Assets \begin{tabular}{|l|l|} \hline Cash & \\ \hline Finished goods inventory & \\ \hline Manufacturing equipment & \\ \hline Accumulated depreciation & \\ \hline Total assets & \\ \hline Equity & $ \\ \hline \hline & \\ \hline Total equity & \\ \hline \end{tabular} Income Statement Balance Sheet Prepare an Income Statement. Prepare a balance sheet. (Amounts to be deducted should be indicated with a minus sign.) Prepare an Income Statement. (Round your intermediate calculations to 2 decimal places.) Prepare a balance sheet. (Amounts to be deducted should be indicated with a minus sign