From the information given below, prepare a November income statement, a November statement of owner's equity, and a November $30$ balance sheet. On November $1$ of the current year, Lois Bell began Lois Bell, Interior Design with an initial investment of $$50,000$ cash. On November $30$ her records showed the following $($alphabetically arranged$)$ items and amounts.

$\backslash$table$[[$Accounts payable............,$$12,000,$Office furnishings,$$40,000$