3) The following balances are reflected in the reeords of Snakes-and-Ladders Company at the end of 2020 . These amounts reflect balances after adjustments, but before the calculation of income tax expense. Required: A) Calculate the income before income tax B) Calculate the income tax owed by the company if its tax rate is 40%. C) Calculate the net income. D) Prepare an adjusted trial balance. E) Prepare an Income Statement