E4.13 (LO 3) AP The adjusted trial balance for Arun's Animations is presented below. Prepare financial statements. Credit ARUN'S ANIMATIONS Adjusted Trial Balance December 31, 2021 Debit Cash $ 3.600 Accounts receivable 4.500 Prepaid expenses 2.500 Equipment 48,000 Accumulated depreciation-equipment Accounts payable Unearned revenue M. Arun, capital M. Arun, drawings 18.000 Service revenue Rent expense 9.000 Salaries expense 24.000 Supplies expense Depreciation expense 6.000 $117700 $ 18.000 5.500 9.775 19.625 64.800 2.100 $117700 Instructions a. Prepare an income statement and statement of owner's equity for the year. Mr. Arun invested $5.000 cash in the business during the vear. b. Prepare a classified balance sheet at December 31, 2021