Question 1 [30 points] Travis Goodall started Velor Inc. on November 1, 2014. The adjusted trial balance shown below has been prepared for Velor Inc. as of November 30, 2014. Use this information to prepare the income statement and statement of changes in equity for the month ended November 30 along with the November 30 balance sheet. Velor Inc. Adjusted Trial Balance November 30, 2014 Debit Credit Accounts payable... 56,000 Accumulated depreciation, equipment. 16,000 Accumulated depreciation, furniture 10,500 Advertising expense 68,500 Advertising payable. 31,500 Cash... 40,000 Commissions earned. 112,500 Depreciation expense, equipment 16,000 Depreciation expense, furniture.. 10,500 Dividends.. 10,000 Equipment 197,500 Furniture... 67,500 Interest earned 37,000 Interest expense 18,000 Prepaid interest 11,500 (select one) Income Statement (select one) (select one) Statement of Changes in Equity (select one) Share Retained Total Capital Earnings Equity