prepare a two to three page response to the following questions: select income statement or balance and explain how the use of it may applied to your...

prepare a two to three page response to the following questions:1. select income statement or balance and explain how the use of it may applied to your everyday life, 2. using the same concept selected above, discuss how a business manager may benefit from an understanding of this statement.3. Discuss how your understanding of the balance sheet and income statement may applied to your current or future position.paper must be APA format and double space.statement must come in first before the numbers.