1 Shown below is the December 31, 2021 trial balance or Wertel Industries. ACCOUNT NAME DR Accounts payable CR $14,000 Accounts receivable $5,000 Accumulated depreciation - building 48,000 Accumulated depreciation - vehicle 12,000 Advertising expense 3,800 Bank loan payable ($5,000 due in the next year) 26,000 Building 125,000 Cash 22,000 Common shares 10,000 Deferred revenue 6,000 Depreciation expense 5,000 Dividends 5,000 Land 8,500 Prepaid insurance 1,200 Rent expense 12,000 Repairs and maintenance expense 2,200 Retained earnings 62,500 Salaries expense 42,000 Service revenue 92,000 Supplies 800 Vehicle 38,000 $270,500 $270,500 Required: Prepare Wertel Industries' December 31, 2021 statement of income, statement of changes in equity, and statement of financial position