1. The Who Enterprises was started by DR in 2019. During 2019, DR invested $75,000 in the business. Based on the following worksheet, prepare an income statement, statement of owner's equity, and classified balance sheet for The Who Enterprises for the year ended December 31, 2019. The Who Enterprises Worksheet For the Year Ended December 31, 2019 Account Title Cash Accounts Receivable Supplies Equipment Accumulated Depr-Equip Accounts Payable Wages Payable DR, Capital DR, Drawing Fees Earned Wages Expense Rent Expense Depreciation Expense Totals Net Income (Loss) Adjusted Trial Balance Income Statement Balance Sheet Debit Credit Debit Credit Debit Credit 78,500 178,500 29,000 29,000 6,300 6,300 33,500 33,500 21,200 21,200 33,200 33,200 8,500 8,500 75,000 75,000 24,000 24,000 121,900 121.900 67,000 67,000 13,000 13,000 8,500 8,500 259,800 259,800 88.500 121,900 171,300 137.900 33,400 33,400 121,900 121,900171,300 171,300 2. After all adjustments have been made, but before the accounts have been closed, the following balances were taken from the ledger of R's Designs Accounts Payable Accounts Receivable Accumulated Depreciation Cash Depreciation Expense Equipment Insurance Expense Prepaid Insurance $ 37,600 74,500 79,325 49,775 19,700 175,000 5,120 8,275 Rent Expense Salary Expense Salaries Payable Service Revenue Supplies Supplies Expense R's, Capital R's, Drawing $ 22,900 74,335 18,150 277,600 4,500 12,300 128,750 96,000 Journalize the entries to close the appropriate accounts