After analyzing the data, prepare an income statement for the year ending December 31, 2020. (List items that increase retained earnings first.) BONITA CO. Income Statement For the Year Ended December 31, 2020 Revenues Service Revenue $ 61500 Expenses Advertising Expense 7100 Rent Expense 9100 Utilities Expense 2100 Salaries and Wages Expense 29600 Total Expenses 47900 Net Income / (Loss) $ 13600 (b) After analyzing the data, prepare an owner's equity statement for the year ending December 31, 2020. (List items that increase retained earnings first.) BONITA CO. Owner's Equity Statement