 Who has claimed to those earnings? Well, it's divvied up evenly in shares, and we have more people, if you have to own more shares to have more ownership, right? So it's equal units. It's like having dollars, instead of saying that I own 30% of a farm, you know, you have tangible, you have things that you can have in units, standard units. So that means that you have retained earnings, the owner investments are the issuance, the initial issuance of the stocks. That's when money came into the business from the stocks being sold from the business, not on the stock exchange, but from the business itself. And then the draws are dividends. Draws are kind of a sticker, the messy situation in a corporation, because in a corporation, you can't just have one person say, I want to draw some money out. You have to have dividends, which are gonna be equally distributed to all the shares, because you have to have all the shares being equal. So you can't have like one partner drawing money out the way you might be able to have in a partnership. You have to basically say, if there's gonna be a dividend, everyone has to agree to it. And you have to think about it. So that's what the messy side of the corporation is. So pros and cons there. All right, so then if we go to the income statement, the income statement fits into the balance sheet. Remember the balance sheet is the double entry accounting system. How does the income statement fit into it? Because there's the net income. The net income is part of the equity section. We break it out on the balance sheet as a timing statement. So this is the primary tool that you'll need to like report taxes, for example, if you're in the United States, because the United States has an income tax, which taxes based on your performance when you earn the income. So that's gonna of course have the income up top, which we have generated primarily through deposits that have come in through the bank feed, increase in the checking account, the other side go into these income accounts. And then the cost of goods sold would only be there if you are selling inventory, which we already talked about, causes problems, inventory does, forcing us to deviate from like a cash-based system oftentimes. And then we've got all the expenses, which primarily again, we have created through the decreases in the checking account. The other side go into our various expenses and we basically constructed our expense categories as we've seen those expenses come through. We had other income and expenses down below. And then of course the bottom line is net income, 585017, which ties out to what's on the balance sheet here. Let's take a look at just some of the other reports just quickly, I'm gonna duplicate this and just take a quick look at some of the other reports that are being generated as we do our bank feeds. Accounting drop-down reports. So we have our favorites up top, all the reports, financial analysis, these are some fancy reports, the snapshot, the short-term cash flow, I'll let you manage the budget summary. So I'll let you take a look on those on your own, but let's go down here to starting with the financial reports. We looked at the balance sheet, we've got depreciation schedules, which would be dependent upon whether or not you're gonna be calculating depreciation in zero or not. If you're in the United States, like I say, you're gonna have to do depreciation for taxes on a tax basis, so you're gonna have to put it into the tax software anyways. That's why a lot of times in the United States you might just use the tax software as your subsidiary ledger for both tax depreciation and book depreciation. If you don't have that obligation or you'd like to track your own depreciation in the software as well, then you can use that method. Disposal schedule, fixed asset, reconciliation, the income statement, the management report. Here's another statement of cash flow, which is the direct method. So if I open this up in a new tab, let's do it right click, open it up. Here's the other primary kind of financial statement report. Let's bring this from January to December of 2022. December of 2022. That's November. Where's December? December, okay. So notice that the cash flow statement is basically doing a performance report like the income statement, but on a cash flow basis. Now note that if you're creating your financial statements directly from the bank feeds, you're fairly close to a cash-based system already, although we talked about the fact that you still might have to deviate from a cash-based system for things like, well, accounts receivable is an accrual thing or the fixed assets or a primary one. So the whole idea of this accrual concept is the idea that if you have an income statement and you didn't do accrual things, such as you paid $100,000 for a building in February. Well, when you try to compare January's performance on an income statement to February's performance on an income statement, if you had 100,000 expense in February for building expense, then it would throw off your comparison because clearly you're not gonna use that building in February, you're really gonna use it for 30 years into the future. So you can see how distorted your income statement would get from a performance standpoint. So the idea would be you can't do that because I can't compare my income statement reports. So I'm gonna put that on the balance sheet and then allocate it as we use the building. However, if I do that, then from a cash flow perspective, I don't really have a cash flow perspective anymore and cash flow is important because cash flow is the lifeblood of the business. So to get the best of both worlds, then we can run our reports on an accrual based method and then have our statement of cash flows which will give us that cash flow method as well. That's the general idea of it. So the operating section is basically kind of like the income statement on a cash basis. The investment activities, you can think of more broadly as just like investments in stocks and bonds, like investments in assets, fixed assets typically is what the...