* Question Completion Status: 80 90 100 11 13 12 14 Question 11 An adjusted trial balance of Michael's Hardware as of December 31, 2020 Debit Credit $1,700 Cash 4,200 Accounts Receivable 6,000 Merchandise Inventory 1,300 Supplies 30,000 Land Accounts Payable $300 Notes Payable 2,500 Meadows, Capital 32,600 Meadows, Withdrawals 300 Sales Revenue 46,500 Cost of Goods Sold 24,000 Salaries Expense Utilities Expense 1,500 Rent Expense 6.900 Interest Expense 5,400 Totals 600 $81.900 $81.900 Requirements: a Prepare an income statement b Prepare the statement of owner's equity c Prepare a balance sheet 0 on Status: 40 50 60 70 80 90 10 nts: an income statement the statement of owner's equity. ea balance sheet 11 12 13 14 Michael's Hardware Income Statement Year Ended December 31, 2020 Metion Status! 50 60 70 80 90 100 11 12 13 14 Michael's Hardware Statement of Owner's Equity Year Ended December 31, 2020 Michael's Hardware Balance Sheet December 31, 2020 Assets: Completion Status: 50 70 80 90 100 11 12 13 14 Michael's Hardware Balance Sheet December 31, 2020 Assets: Liabilities and Owner's Equity on 40 50 60 70 80 90 100 11 12 13 14 Liabilities and Owner's Equity For the toolbar press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Anal 49 10pt