On August 1, 2013, Bee Clean entered its second year of operations, providing cleaning services to community centres and sports, fitness and recreation arenas as well as doing small repairs (such as to ice). On July 31, 2014, Bee Cummins, the owner, finalized the companys records, which showed the following items.

Accounts payable	$	11,000		Office equipment	$	20,800
Accounts receivable		58,000		Prepaid rent		5,600
Bee Cummins, capital,				Rent expense		22,000
July 31, 2013*		80,900		Repair revenue		5,700
Bee Cummins, withdrawals		54,000		Service revenue		155,000
Cash		7,200		Supplies		4,000
Furniture		14,800		Supplies expense		17,500
Interest expense		3,700		Utilities expense		11,400
Notes payable		36,000		Wages expense		69,600

*Hint: The ending capital balance for one period is the beginning capital balance for the next period. There were no owner investments during the year ended July 31, 2014.

Required:

.

a.Prepare an income statement for the year ended July 31, 2014

b. Prepare statement of changes in equity for the year ended July 31, 2014.

.	c.Prepare balance sheet at July 31, 2014