Below is the year-end adjusted trial balance for Coopers Accounting. Credit($) 11,000 3,000 1,500 7,000 10,000 Coopers Accounting Trial Balance For Year Ended December 31, 2020 Account Debit($) Building 150,000 Depreciation expense, Building 500 Rent expense 1,100 Notes payable Unearned accounting fees earned Accumulated depreciation, Building Salaries payable Coopers Majeau, capital Land 50,000 Coopers Majeau, withdrawals 5,000 Accounts receivable 2,200 Equipment 15,000 Repairs expense 5,000 Copyright 900 Long term notes receivable 3,000 Office supplies 700 Depreciation expense, Equipment 600 Insurance expense 100 Accounting fees earned Cash 8,000 Office supplies expense 900 Prepaid insurance 1,100 Accumulated depreciation, Equipment 211,400 1,200 1,000 Accumulated depreciation, Equipment 1,200 Telephone expense Totals 245,100 245,100 1. The current portion of the notes payable due in 7 months is $3,000 2. $5,000 was invested during the year 3. The current portion of the notes receivable due in 2021 is $1,000 Required: a. Prepare, in good form, an Income Statement for the year 2020. Required: a. Prepare, in good form, an Income Statement for the year 2020. b. Prepare, in good form, a Statement of Changes in Equity for the year 2020