Hi! Please help me answer this. See the images below

Income Statement As of 31 October 2020 Revenue & Gains Sales revenues P250,000 Interest revenues 10,500 Gain on sales of assets 2,500 Total revenue & gains 263,000 Expenses & Losses Cost of goods sold 25,250Commission expense 3,000 Office supplies expense 2,125 Office equipment expense 10,245 Interest expense 2,657 Total expenses and losses 43,277 Net Income P 219, 723Here is a Balance Statement example created using BUHO, Inc template. BUHO, Inc. Income Statement As of 31 October 2020 ASSETS Current Assets 1,650,785 Accounts receivable P578,000 Inventory P 1,850,000 Total Current Assets P 4,078,785 Non-Current AssetsP 85,000 Plant and Equipment P 25,450 Business Premises P 350,000 Vehicles Total Non-Currents Assets P 460,450 TOTAL ASSETS P 4,539,235 Current Liabilities Accounts Payable P 1,950,000 Bank overdraft P 15,000 Credit Card debt P 600,000 Tax liability P 1,564,895 Total Current Liabilities P 4,129,895 Non-Current Liabilities Long term business loan P 1,500,000 Total Non-Current Liabilities P 1,500,000 TOTAL LIABILITIES P 5,629,895 NET ASSETS P 1,090,660 OWNERS EQUITY P 1,090,660BUHO Inc. Cash Flow Statement FY ended 31 December 2020 Cash Flow from Operations Net Earnings P 5,450,000 Additional to Cash P 65,000 Depreciations Decrease in Accounts Receivable P 45,450 Increase in Accounts Payable P 37,540 Increase in Taxes Payable P 45,500 Subtraction from Cash Increase in Inventory P42,500) Net Cash from Operations P 5,600,990 Cash Flow from Investing Equipment 1,750,945 Cash Flow from Financing Notes Payable 100,965 Cash Flow for FY ended 31 December 2020 3,951,010ACTIVITY FINANCIAL STATEMENT. As final output, prepare and submit the completed Financial Statement of your business. Write your report in the given blank space provided. [Company Name] INCOME STATEMENT As of 31 October 2020 [Company Name] CASH FLOW STATEMENT As of 31 October 2020 [Company Name] BALANCE SHEET As of 31 October 2020