Use the following information to prepare 1) an income statement, 2) a statement of Owner's Equity, and 3) a balance sheet for the month ended April 30, 201x for Tallhouse Company. 
Definitions:
Spot Exchange
Involves the immediate transaction or exchange of financial instruments or commodities for immediate delivery.
Currency Value
The worth of one country's currency in terms of another's, influencing international trade and economic balance.
Fiat Currencies
Money that a government has declared to be legal tender, but it is not backed by a physical commodity.
Cryptocurrencies
Electronic currencies employing cryptography to secure transactions and operating autonomously from any central banking institution.
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