Load the Income Statement Template for this assignment 1. Using the template and the following expanded ledger accounts, create an income statement for Compu-Parts Inc (owner: Andrea Muldoon). Date the Income Statement for the year ended December 31, 2015. Be sure to place the accounts in the correct order and provide a correct format. Hint: Not all accounts will be used. 2. Use formulas to determine the net incomeet loss of the fiscal period and the total revenues/expenses. 3. Explain, with the net income/loss obtained, how this figure would affect the capital account of the company Accounts Balances Accounts Balances Accounts Payable 31,255 17,800 Accounts Receivable Equipment Fees Earned General Expense 7,540 41,520 74,175 Automobile 3,985 Bank 31,600 Land 99,000 65,000 74,560 21,500 32,480 Beginning Capital Building Car Expense Commissions Earned Drawings 13,600 Loan Payable Mortgage Payable Postage Expense Rental Expense Wages Expense 415 42,590 7,520 7,640 29,820