Total equity Total liabilities and equity Question 4 [15 points] On March 1, 2014, Joseph Stiller organized a new company called Benson Inc. On the last day of that month, the company's records showed the items listed below, Use this information to prepare the March income statement for Benson Inc. Account Balance Complete the income statement using the format provided Advertising expense 119,500 Commissions earned 137,000 Consulting revenue eamed 82,000 Dividends 16,000 (select one) Equipment 106,000 Income Statement Furniture 115,500 (select one) Insurance expense 30,000 Revenues Interest eamed 46,000 X 4 Interest expense 26,000 Total revenues Interest payable 41,000 Expenses Notes receivable 102,000 Office supplies expense 55,500 Total expenses Rent earned 69,500 Share capital 79,000 Short-term notes payable 154,500 Supplies 38,500 Question 5 [15 points]