Accounts Payable $ 10.060 Accounts Receivable $ 11.100 Accumulated Depreciation $ 18.000 Advertising Expense $ 10.540 Bank Payable $ 25.000 Cash $ 35.400 COGS $364.300 Depreciation Expense $ 9.000 Equipment $ 95.000 Freight-Out $ 6.700 Income Tax Expense $ 2.600 Insurance Expense $ 4.500 Interest Expense $ 3.600 Interest Revenue $ 2.500 Inventory $ 29.000 Owner's Capital $ 81.000 Owner's Drawings $ 13.200 Prepaid Insurance $ 2.500 Salaries Expense $ 56.000 Sales Discounts $ 5.000 Sales Returns $ 6.700 Sales Revenue $ 537,080 Supplies $ 500 Supplies Expense $ 1.200 Unarned Revenue $ 1.200 Utilities Expense $ 18.000 Note: Some amount of Bank Payable, $5000, must be paid in 2022. The remaining will due in 2023-2025. Instructions: Prepare financial statements: Prepare financial statements: Income statement using multiple steps, consists of: - Gross profit - Income from Operations - Earnings Before Interest and Tax - Earnings Before Tax - Net Income Statement of owner's equity Classified Statement of Financial Position. Classify into: - Current Assets + Non-Current Assets - Current Liabilities + Non-Current Liabilities - Owner's Equity