Below is the trial balance for the APC Retail Store on 12/31/19. Assume all adjustments have been made and all balances are "normal" meaning the positive side (the +). Account types are Assets, Liabilities, Equity, Revenue and Expense. If the account is a Contra Account, place an X in front of the account type. For example, a Contra Asset is X-asset.

Account	Balance	Debit or Credit		Account Type
Accounts Payable	21
Accounts Receivable	22
Accumulated Depreciation	42
Allowance for Doubtful Accounts	5
Cash	50
Depreciation Expense	10
Equipment	90
Inventory	15
Owners Capital, beginning balance	28
Prepaid Insurance	14
Rent Expense	36
Service Revenue	172
Unearned Revenue	13
Wages Expense	50
Wages Payable	12
Withdrawals	6

SHOW THE NUMBERS YOU ARE USING IN YOUR CALCULATIONS:

1. Calculate Net Income
2. Calculate Total Assets:

3. Calculate Total Equity: