27) Using the information given below, prepare an income statement and statement 27) of retained earnings and Balance Sheet for Rapid Car Services from the adjusted trial balance. USE PROPER FORMAT. Also calculate i) Current Ratio, ii) Debt Ratio, ii) Return on Assets, iv) What percentage of net income was distributed at Dividends Rapid Car Services Adjusted Trial Balance For the year ended December 31 S 33,000 14,200 1,700 100,000 Cash Accounts receivable Vehicles Accumulated depreciation- Vehicles 45,000 11,500 20,000 51,900 Common stock.... Retained earnings Dividends 40,000 Fees earned 155,000 13,000 2,000 2,500 15,000 50,000 Ofice supplies expense.. Salary expense Fuel expense.... Totals $283,400 $283,400 28) Based on the unadjusted trial balance for Highlight Styling and the adjusting 28) information given below i) prepare the adjusting journal entries for Highlight Styling ii) Calculate Net income before and after adjustments. Highlight Stylings' unadjusted trial balance for the current year follows