Based on the following trial balance for Smyth's Repair Shop, prepare an income statement, statement of owner's equity, and a balance sheet. Smyth made no additional investments in the company during the year. 
Definitions:
Pollution Prevention
The practice of reducing or eliminating waste at the source by modifying production processes, promoting the use of non-toxic or less-toxic substances, implementing conservation techniques, and re-using materials rather than putting them into the waste stream.
Synthetic Steps
Sequential chemical reactions conducted to synthesize complex molecules from simpler substances, often outlined in a synthetic pathway or scheme.
Chemical Waste
Unwanted or residual substances produced during chemical manufacturing, research, or use, often hazardous to the environment or health.
Unwanted By-products
Secondary or incidental products generated during a chemical process or reaction that are not the primary target products.
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