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1-)(30 pts.) The adjusted trial balance of Estella Real Estate Appraisal at June 30, 2016, follows: Requirements 1. Prepare the company's income statement for the

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1-)(30 pts.) The adjusted trial balance of Estella Real Estate Appraisal at June 30, 2016, follows: Requirements 1. Prepare the company's income statement for the year ended June 30, 2016. 2. Prepare the company's statement of owner's equity for the year ended June 30,2016 . Assume that there were no contributions made by the owner during the year. 3. Prepare the company's classified balance sheet in report form at June 30,2016. 4. Journalize the closing entries

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