The futowing financial statement information for Peal Company as for the year 2021 Riepured Falme mesing amounts (Mint There are & sing amounts) Note: Write only the final amount. Do not show your calculation. Peat Company Income Statement For the year ended 2021 Net Sales $12.000 -1. Cost of goods sold Gross profit 6,500 Operating expenses -2- Selling expenses General and administrative 1.800 expense s Total operating expenses Income from operations Other expenses 4.000 2,500 Peal Company Statement of Owner's equity For 2021 Capital, Beginning $3,000 balance Add investment 10.000 Net income 2.000 Less Drawings Capital Ending balance 5,000 Peal Company Balance Sheet As of Dec 31 2021 Seling expenses General and administrative . Total operating expenses Income from operations Other expenses Interest expense Net income 1.800 2,500 500 $2.000 Less Drawings Capital Ending balance 5.000 Assets Cash $35.000 Prepaid rent 10,000 10,000 Office Furniture 5,000 Computer Equipment Total Assets $60.000 Peal Company Balance Sheet As of Dec 31, 2021 Liabilities and Equity Notes Payable 6 Owner's equity Owner's capital Total Liabilities & Equity 4