X ucation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%25 ice i Saved The following is the adjusted trial balance of Sierra Company. Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) H. Sierra, Capital H. Sierra, Withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $ 5,000 500 4,000 20,000 $12,000 2,500 3,000 10,500 1,000 9,500 3,500 2,000 1,500 $37,500 $37,500 Required (1) Prepare an income statement for the year ended December 31. (2) Prepare a statement of owner's equity for the year ended December 31. CD NI