Please answer the final question.

Instructions X The amounts of the assets and liabilities of Nordic Travel Agency at December 31, 2019, the end of the year, and its revenue and expenses for the year follow. The capital of lan Eisele, owner, was $680,000 on January 1, 2019, the beginning of the year. During the year, lan withdrew $43,000. Final Question Accounts Amounts 4. What item appears on both the statement of owner's equity and the balance sheet? Accounts payable $65,500 lan Eisele, capital Accounts receivable 264,000 Cash 180,500 Net income Fees earned 879,200 Withdrawals Land 541,000 Cash Miscellaneous expense 6,900 Rent expense 32,000 Fees Earned Supplies 5,200 Supplies expense 4,100 Utilities expense 28,000 Wages expense 520,000 Required: Prepare an income statement for the year ended December 31, 2019.* 2. Prepare a statement of owner's equity for the year ended December 31, 2019.* 3. Prepare a balance sheet as of December 31, 2019.* 4. What item appears on both the statement of owner's equity and the balance sheet? * Refer to the information given and the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or there is a decrease in owner's equity, enter that amount as a negative number using a minus sign