Part c: Practical Accounting Question (18 Marks - about 5 marks for each of the financial statements) may be needed in order to understand your answer. If additional space of the page or raise your hand to ask for more paper. Partial marks may show the financial statements in proper format. a detailed solution to accounting Prob 3-13A). Make sure to give any explanations which is needed you may use the back be given. Please make sure to Problem 3-13A Preparing financial statements from the adjusted trial balance This alphabetized adjusted trial balance is f end: or GalaVu Entertainment as of its December 31, 2014, year- Debit Credit Accounts payable 3 44,000 Accounts receivable 5 18,700 69,000 20,500 Accumulated depreciation, equipment.. Advertising expense 9,000 140,000 11,000 13,200 Cash Depreciation expense, automobiles Depreciation expense, equipment4,100 65,000 Fees earned 240,000 Interest earned Interest expense Interest payable... Interest receivable John Conroe, capital John Conroe, withdrawals 3,500 300 19,000 150 75 23,000 35,000 115,000 Long-term notes payable Notes receivable (due in 90 days).80,000 Office suppli Office supplies expense 13,000 Repairs expense, automobiles.8,400 Salaries expense.. Salaries payable Unearned fees.. Wages expense Totals 76,225 5,500 11,000 27,800 528,225 5528,225 Required Use the information in the trial balance to prepare: a. The income statement for the year ended December 31, 2014 b. The statement of changes in equity for the year ended December 31,2014, assuming that the owner made additional investments of $15,000 during the year