Based on the Adjusted Trial balance provided relating to Alpha Company for the year 2020, Prepare Financial statements (Income statement, Statement of Changes in Equity, Statement of Financial Position) to answer the questions 1 to 4 Accounts Debit Credit (OMR) (OMR) Cash 120,000 Capital 100,000 Prepaid insurance 5600 Salary expense 1000 Service Revenue 21000 Commission revenue 41000 Machinery 12400 Automobiles 16400 Wages expense 1200 Utilities expense 1500 Miscellaneous expense 500 Rent expense 600 Retained earnings Advertising expense 4000 Dividend 10000 Note payable Short term loan Interest Payable Accounts receivable 21200 Furniture 3000 Long term Loan 197400 11200 10000 10800 400 3000 197400 Based on the case study, the Net profit is a. RO 61200 O b. RO 83200 O c. RO 55400 O d. RO 53200