B2 -The following is the trial balance of Sky Company on December 31 2018: Sky Company Trial Balance December 31s, 2018 DebitCredit $20,000 7,000 8,000 35,000 Cash Accounts receivable Supplies Equipment Accounts payable Sky, Capital Sky, Drawings Service revenue Salaries expense Advertising expense Utilities expense Total 6,000 56,000 2,000600 2 30,000 10,000 8,000 92,000 92,000 Required: Prepare the financial statements of Sky Company on December 31st, 2018