Please create income statement and balance sheet from the trial balance below.

As of December 31st, 2001
Account	Debit	Credit
Cash	$339,700	$0
Account Receivable	$401,305
Revenue		$401,305
Depreciation Expense	$2,000
Rent/Insurance	$23,000
Marketing Expense	$1,000
Loan Payable	$300
Equity		$500,000
Utilities Expense	$4,000
Accumulated Depreciation		$2,000
Intangible Asset	$63,800
Wage Expense	$120,000
R&D Expense	$2,000
Account Payable		$53,800
Total	$957,105	$957,105