1. Bob Evans owns a business, Beachside Realty, that rents condominiums and furnishings. Below is the adjusted trial balance at December 31, 2019. Credit Debit $ 1.500 2,000 100 1,600 2,800 15,000 Cash Accounts receivable Interest receivable Prepaid insurance Notes receivable (long-term) Equipment Accumulated depreciation Accounts payable Accrued expenses payable Income taxes payable Unearned rent fees Bob Evans, Capital Bob Evans, Drawing Rent fees earned Furniture rental revenue Interest revenue Wages expense Depreciation expense Utilities expense Insurance expense Maintenance expense Income tax expense Total $3,000 2,400 3,920 2.700 500 7,700 2,000 37,000 1,200 100 19,000 1,800 320 700 9,000 2.700 $ 58.520 $ 58.520 SEE NEXT PAGE 1 MacBook Pro Prepare an income statement for Beachside Realty: (17 pts) Beachside Realty Income Statement December 31, 2019 2. Prepare a statement of owner's equity for Beachside Realty (8 pts) GO TO NEXT PAGE