At the end of its fiscal year, the adjusted trial balance of Cullumber Company is as follows: CULLUMBER COMPANY Adjusted Trial Balance July 31, 2017 Debit Credit Cash $3,610 Accounts receivable 11,490 Prepaid rent 500 Supplies 750 Debt investments 8,000 Equipment 19,950 Accumulated depreciation-equipment $5,700 Patents 18,300 Accounts payable 4,295 Interest payable 750 Unearned revenue 2,050 Notes payable (due on July 1, 2019) 45,100 B. Cullumber, capital 28,285 B. Cullumber, drawings 17,200 Service revenue 74,800 Interest revenue 320 Depreciation expense 2,850 Interest expense 3,000 Rent expense 18,550 Salaries expense 36,250 Supplies expense 20,850 $161,300 $161,300 Prepare an income statement for the year. Mr. Cullumber invested $5,000 cash in the business during the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CULLUMBER COMPANY Income Statement LINK TO TEXT Prepare a statement of owner's equity for the year. Mr. Cullumber invested $5,000 cash in the business during the year. (List items that increase owner's equity first.) CULLUMBER COMPANY Statement of Owner's Equity $ LINK TO TEXT Prepare a classified balance sheet at July 31, 2017. (List Current Assets in order of liquidity.) CULLUMBER COMPANY Balance Sheet Assets $ Liabilities and Owner's Equity