3) The Trial Balance for Wellman Company is as follows: Wellman Company Trial Balance June 30, 2019 Unadjusted Adjusted Account Titles Dr. Cr. Dr. Cr. Cash 26,700 26,700 Accounts Receivables 27,700 27,700 Inventory 55,600 55,600 5,000 3,800 4,800 4,200 90,000 90,000 20,000 24,500 50,000 50,000 Supplies Prepaid Insurance Store Equipment Accumulated Depreciation Store Equipment Delivery Equipment Accumulated Depreciation-Delivery Equipment Land Accounts Payable Notes Payable (2-Years) Owners' Capital 8,000 10,400 150,000 150,000 12.900 12,900 25,000 25,000 120,000 120,000 5,200 5,200 Owners' Drawing Rent Revenue 15,000 764,650 15,000 764,650 Sales Sales Returns and Allowance 2,000 2,000 Sales Discount 8,500 8,500 500,000 500,000 5,500 5,500 Cost of Goods sold Rent Expense Supplies Expense Interest Expense Interest Payable 1,200 750 750 Insurance Expense 600 34,000 35,500 1,500 4,500 Salaries Expense Salaries Payable Depreciation Expense-Store Equipment Depreciation Expense-Delivery Equipment Utilities Expense Total 2,400 550 550 965,550 965,550 974,700 974700 Instructions: Prepare a multiple steg income statement for the quarter ended on June 30, 2019 and a classified balance sheet on December 31, 2019. (10 + 10)