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Prepare a classified balance sheet at July 31, 2017. (List Current Assets in order of liquidity.) CARLA VISTA COMPANY Balance Sheet Assets vAt the end of its fiscal year, the adjusted trial balance of Carla Vista Company is as follows: CARLA VISTA COMPANY Adjusted Trial Balance July 31, 2017 Debit Credit Cash $5,110 Accounts receivable 11,400 Prepaid rent 500 Supplies 750 Debt investments 8,000 Equipment 19,950 Accumulated depreciation-equipment $5,700 Patents 18,300 Accounts payable 4,305 Interest payable 750 Unearned revenue 2,050 Notes payable (due on July 1, 2019) 46,000 B. Carla Vista, capital 28,285 B. Carla Vista, drawings 16,900 Service revenue 74,900 Interest revenue 320 Depreciation expense 2,850 Interest expense 3,000Adjusted Inal balance July 31, 2017 Debit Credit Cash $5,110 Accounts receivable 11,400 Prepaid rent 500 Supplies 750 Debt investments 8,000 Equipment 19,950 Accumulated depreciation-equipment $5,700 Patents 18,300 Accounts payable 4,305 Interest payable 750 Unearned revenue 2,050 Notes payable (due on July 1, 2019) 46,000 B. Carla Vista, capital 28,285 B. Carla Vista, drawings 16,900 Service revenue 74,900 Interest revenue 320 Depreciation expense 2,850 Interest expense 3,000 Rent expense 18,550 Salaries expense 36,150 Supplies expense 20,850 $162,310 $162,310Prepare an income statement for the year. Mr. Carla Vista invested $5,000 cash in the business during the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CARLA VISTA COMPANY Income Statement v v VPrepare a statement of owner's equity for the year. Mr. Carla Vista invested $5,000 cash in the business during the year. (List items that increase owner's equity first.) CARLA VISTA COMPANY Statement of Owner's Equity