Required information E3-20 (Static) Analyzing, Recording, and Evaluating the Effects of Income Statement Transactions [LO 3-3, LO 3-4, LO 3-5] Skip to question [The following information applies to the questions displayed below.] MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable $ 300 Equipment $ 2,400 Cash 1,000 Repairs Expense 200 Cleaning Expense 900 Service Revenue 2,000 Common Stock 3,000 Wages Expense 800 E3-20 (Static) Part 1 Required: Prepare an unadjusted trial balance, a preliminary income statement, statement of retained earnings, and classified balance sheet as of and for the 11-month period ended November 30