3. Prepare the income statement and balance sheet; identify certain financial information. Presented are the amounts of assets, liabilities, stockholders Equity, Revenues and Expenses of the Better Body Inc at 31 December 2020. The items are listed as follows: Accounts payable $15,000; Interest Expense $9,000 Accounts Receivable 14,000 Land 40,000 Advertising Expense 13,000 Loan 65,000 Building 130,000 Property Tax Expense 3,000 Cash 16,000 Rent Expense 24,000 Common Stock(Capital) 40,000 Salary Expense 71,000 Dividends 36,000 Utilities Expense 2,000 Equipment 45,000 Service Revenue 185,000 Insurance Expense 1,000 Supplies 2,000 The retained earnings of the business was $97,000 as at 31 December 2019. Requirement: a) Identify the above amounts shown as assets, liability, expense, revenue or stock holders equity. b) Prepare the Companys income statement and the statement of retained earnings for the year ended 31 December 2020. c) Prepare the companys balance Sheet as at 31 December 2020.