In preparation for upcoming assignments, create the three major financial statements for your business for Assignment 1 (please review the required reading for guidance). Each statement needs to represent one calendar year. If you are in the planning stages, you will need to create these financial statements based on your personal finances:

1. Balance Sheet
2. Income Statement
3. Cash Flow Statement

Create the three statements in one file using Spreadsheet Software; each statement will be on a separate tab. Do NOT submit three files – you will incur points deduction if you do.