The worksheet is already completed below, use it to orepare the income statement, statement of owner's equity, and balance sheet.

Millis Lumber Worksheet For the Year Ended December 31, 202X Requirement b. Prepare the income statement, statement of owner's equity, and balance sheet. Begin with the income statement. Review the worksheet you prepared above. Millis Lumber Income Statement For the Year Ended December 31, 202X Rev Operating Expenses: Total Operating Expenses Net Income (Loss) Prepare the statement of owner's equity. Review the worksheet you prepared above. Prepare the balance sheet. Prepare the Assets section of the statement in this step, and then the Liabilities and Owner's Equity sections in the following step. Review the worksheet you prepared above