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3. Assume Pioneer Company Ltd. has following information in their trail balance of 2019-2020. (8) (a) Determine the net income or net loss from Income statement.(2) (b) Determine the total assets and total liabilities. (4) (c) Determine the amount of owner's capital. (2) Credit Debit $ 15,200 200 1,000 550 5,000 Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Notes Payable Accounts Payable Interest Payable Unearned Service Revenue Salaries and Wages Payable Owner's Capital Owner's Drawings Service Revenue Salaries and Wages Expense Supplies Expense Rent Expense Insurance Expense Interest Expense Depreciation Expense 40 5,000 2,500 50 800 1,200 10,000 500 10,600 5,200 1,500 900 50 50 40 $30,190 $30,190