At the end of Dec. 2019, the following accounts appeared in the trial balance of B Paper Company: Account Title Balance Account Title Balance Accounts Payable P 25,200 Notes Payable P 37,000 Accounts Receivable 30,500 Owner's Capital, Dec.1, 2019 101,700 Accumulated Depr. - Equipment 45,000 Owner's Drawings 10,000 Cash 26,000 Prepaid Insurance 3,500 Cost of Goods Sold 518,000 Property tax Expense 2,500 Freight -Out 6,500 Property taxes Payable 2,500 Equipment 146,000 Rent expense 15,000 Depreciation expense 11,000 Salaries and Wages expense 96,000 Insurance Expense 7,000 Sales revenue 720,000 Interest Expense 6,400 Sales Commissions Expense 11,000 Interest Revenue 2,000 Sales Commissions Payable 4,500 Inventory 32,000 Sales Returns & Allowances 8,000 Utilities Expense 8,500 Based on the above, prepare in good form the following financial statements for the month ended Dec. 31 : a) Statement of Performance (b) Statement of Changes in Owner's Capital and a c ) Classified Statement of Financial Position.