I NEED HELP WITH QUESTIONS 3 AND 4. PLEASE FILL IN WITH INFORMATION AND INSTRUCTIONS PROVIDED BELOW! THANK YOU!

Instructions Peyton Smith enjoys listening to all types of music and owns countiess CDs. Over the years, Peyton has gained a local reputation for knowedge of music from classical to rap and the ability to put together sets of recordings that appeal to all ages. During the last several months, Peyton served as a guest disc jockey on a local radio station. In addition, Peyton has entertained at several friends' parties as the host deejay On June 1, 2016, Peyton established a corporation known as PS Music. Using an extensive collection of music MP3 friles, Peyton will serve as a disc jockey on a fee basis for weddings, college parties, and other events. During June, Peyton entered into transactions that were posted to the accounting equation grid in Part 1 of this problem Required 2 Prepare an income statement for PS Music for the manth ended June 30, 2016 2016. 4. Prepare a baiance sheet for PS Music as or June 30, 2016. For gucdanice in completing the financia statements, be sure to read the instructians above each statement carefly