1 [50 points] Global Filter Corp. began operations 2 years ago. Its adjusted account balances at March 31, 2014 are shown below. Global Filter Corp. issued shares worth $7,500 during March, 2014. Use this information to prepare the following: a. Income statement for the month ended March 31. b. Statement of changes in equity for the month ended March 31. c. Classified balance sheet at March 31. Account Balance (select one) Accounts receivable 8,670 Accumulated depreciation, automobiles 3,730 Income Statement (select one) Accumulated depreciation, boats 4,020 X+ Advertising expense_ 6,630 Advertising payable 6,370 Automobiles 22,130 Boats 37,120 Cash 2,990 Consulting revenue earned 4,540 Depreciation expense, automobiles 1,890 Depreciation expense, boats 1,270 Dividends 3,430 Interest earned 1,020 Interest expense 2,610 Interest payable 2,970 Land 5,340 Long-term notes payable 19,350 Long-term investment in shares 8,050 (select one) Mortgage Payable (due August, 2022). 10,110 Patents Rent earned Retained earnings 7,450 (select one) Statement of Changes in Equity Share Retained Total Capital Earnings Equity 11,100 X44 14,510 Share capital Short-term notes payable Unearned rent 13,910 9,990 5,960