Using the following information, do a Balance Sheet and an Income Statement.

Using the following information, prepare a Balance Sheet and an Income Statement. Tuttle Photo Co. Worksheet For the Year Ended December 31, 2018 Accounts Debit Credit Cash $15,000 Accounts Receivable 30,000 Prepaid Insurance 7,500 Ofce Supplies 3,200 Building 160,000 Accumulated DepreciationBuilding $12,000 Equipment 75,000 Accumulated DepreciationEquipment 8,500 Land 40,000 Accounts Payable 12,000 Salaries Payable 2,000 Unearned service revenue 25,000 Mortgage Payable 100,000 R. Tuttle, Capital 21,290 R. Tuttle, Withdrawals 23,000 Service Revenue 289,000 Salaries Expense 61,000 Depreciation ExpenseBuilding and Equipment 6,150 Office Supplies Expense 14,040 Insurance Expense 14,000 Utilities Expense M Total $469,790 $469,790