Ch. 2 Mastery Assignment Financial Statements Complete the following problem in Excel. Use a different tab for each fir statement. A. Calculate the ending balance for each account. (The area shadec B. Create the income statement. C. Create the statement of owner's equity. D. Create the balance sheet. Assets Liabilities Owner' Cash Inventory Equipment Accounts Wages Comm Payable Payable Stock $50,000 50,000 (6,000) 6,000 22,000 22,000 1,250 (750) 600 3,000 3,200 175 (1,000) 1,000