Question 4 (30 marks) Your assistant has prepared the following Adjusted Trial Balance data for Wisteria Company on December 31, 2017. The accounts are arranged in alphabetical order. Accounts payable Accounts receivable Accumulated amortization Amortization expense $69,600 12,600 48,000 15,000 13,000 500 $36,000 Land 67,200 Long-term Investment 19,800 Mortgage payable Building Cash Common shares Cost of goods sold Dividends declared Dividends payable Expired insurance 4,300 72,000 24,000 86,500 120,000 12,400 4,000 1,400 8,000 2,000 1,700 Note payable (Short-term) Other expenses Prepaid insurance Retained earnings Salaries & wages Salaries & wages owed Sales Selling expenses Service fees earned Supplies on hand Supplies used 30,000 60,000 3,000 180,000 29,400 93,100 Income tax Income tax payable Interest on mortgage and note Interest payable Inventory 800 2,000 300 Unearned revenue 1,200 20,000 Additional info 1.Mortgage is due in 2025 2.Jan 1, 2017 Retained earnings is $30,000. a. Prepare a Multi-step Income Statement for the year ended Dec 31, 2017. b. Prepare a Classified Balance Sheet in good form, as at Dec 31, 2017