Question: 3-a. Prepare Wells Technical Institute's income statement for the year, 3-b. Prepare Wells Technical Institute's statement of owner's equity for the year. The T. Wells,

3-a. Prepare Wells Technical Institute's income statement for the year, 3-b. Prepare Wells Technical Institute's statement of owner's equity for the year. The T. Wells, Capital account balance was $90,000 on December 31 of the prior year, and there were no owner investments in the current year. 3-c. Prepare Wells Technical Institute's balance sheet as of December. 31. 3-a. Prepare Wells Technical Institute's income statement for the year, 3-b. Prepare Wells Technical Institute's statement of owner's equity for the year. The T. Wells, Capital account balance was $90,000 on December 31 of the prior year, and there were no owner investments in the current year. 3-c. Prepare Wells Technical Institute's balance sheet as of December. 31

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