ABC Company Income Statement For the Year Ended December 31, 2020 Revenues Service Revenue ??? Expenses Insurance Expense $1,200 Rent Expense 2,800 Wages Expense ??? Utilities Expense 600 Total Expenses 15,200 Net Income $4.600 ABC Company Owner's Equity Statement For the Year Ended December 31, 2020 Owner's Capital, Jan. 1 $56,000 Add: Additional Investment ??? Net Income ??? ??? Total 68,600 Less: Owner's Drawings ??? Owner's Capital, Dec. 31 $63.600 ABC Company Balance Sheet December 31, 2020 Assets Current Assets Cash $15.300 Accounts Receivable 23,150 ??? Inventory Supplies 1,700 Prepaid Rent 4,400 Total Current Assets $53,810 Property. Plant & Equipment Land 100.600 60.240 Equipment Total Property, Plant & Equipment ??? Intangible Assets ??? Copyright Total Assets $220.400 Liabilities & Owner's Equity Current Liabilities Accounts Payable $34,550 Interest Payable 14,150 Unearned Revenue 19.700 Total Current Liabilities $68,400 Long-term Liabilities Notes Payable Total Liabilities 227 Owner's Equity Owner's Capital Total Liabilities & Owner's Equity 222 Service revenue is equal to: * $10,600 $9,200 $19,800 None of the above Wages expense is equal to: * $4,600 $14,000 $11,200 None of the above Additional Investments is equal to: * $8,000 $12,600 $20,600 None of the above KpOTplyv_V2XX181cdrlPe8Ctx2QJHt9DiAVLI Owner's drawings is equal to: * $0 $5,000 0 $4,600 O None of the above Inventory is equal to: * $13,200 $5,750 $9,260 O None of the above Copyrights is equal to: * O $166,590 $5,500 $59,560 None of the above Notes payable is equal to: * O $156,800 $132,000 O $88,400 O None of the above Total Liabilities is equal to: * $152,000 $156,800 $88,400 None of the above Owner's Capital ending is equal to: $220,400 O $4,600 $63,600 None of the above Total liabilities and owner's equity is equal to: O $220,400 O $4,600 O $63,600 O None of the above