$3,240 Adam's salary Arin's salary Interest received Dividends received Auto insurance Home insurance Auto loan payment Mortgage payment $44,900 Utilities 29,900 Groceries 540 Medical 190 Property taxes 630 Income tax, Social Security 780 Clothing and accesories 3,290 Gas and auto repair 13,800 Entertainment 2,210 1,500 1,658 12,500 1,990 2,110 1,980 Income statement preparation Adam and Arin Adams have collected their personal income and expense information and have asked you to put together an income and expense statement for the year ended December 31, 2019. The following information is received from the Adams family : a. Create a personal income and expense statement for the period ended December 31, 2019. It should be similar to a corporate income statement. b. Did the Adams family have a cash surplus or cash deficit? c. If the result is a surplus, how can the Adams family use that surplus? a. Create a personal income and expense statement for the period ended December 31, 2019. It should be similar to a corporate income statement