2. Accounts and their balances from the adjusted Trial Balance of Active Runner Store for the year ended December 31, 2020 are below: (Total 15 marks) * Account Active Runner Store Adjusted Trial Balance For the year ended December 31, 2020 Debit Accounts Payable Accounts receivable Accumulated amortization, equipment Amortization expense, equipment Sales Discounts Cash Cost of Goods Sold Equipment Insurance expense Interest expense $ Credit 4,000.00 $ 8,500.00 $ 9,000.00 $ 4,500.00 $ 400.00 $ 1,200.00 $76,000.00 $ 75,110.00 $ 350.00 $ 140.00 Richard Roland, capital $ 32,500.00 Richard Roland, withdrawals $ 1,200.00 Inventory $ 2,100.00 Notes payable $ 3,000.00 Rent expense $ 660.00 Rent revenue $ 1,200.00 Salaries expense $ 2,700.00 Sales $125,000.00 Sales returns and allowances $ 1,400.00 Supplies $ 350.00 Supplies expense, store $ 90.00 $174,700 $174,700 a. Use the information above to prepare a multi-step income statement for the year ended December 31, 2020 (6 marks) b. Prepare the Statement of Changes in Equity and a Classified Balance Sheet (5 marks) c. Prepare the necessary closing entries at December 31, 2020 (4 marks)