Coco Lopez Cipriano WorkSheet For the YearEnded December 31, 2021 Accounts Earns and Debts State of situation Debit Credit Debit Credit Supplies Note to pay Cash Accounts payable Prepay Insurance Equipment Acumulated Depretiation - Equipment Accounts to pay Salaries and journals to pay 13000 7000 4000 6000 207000 29000 19000 70000 3000 Owner's Capital 112000 Drawings 18000 Income for services 123000 Pubicity spending 21000 Depretiation spending 12000 Insurance spending 3000 Rent spending 17000 Salaries and salaries spending 42000 Supplies spending 6000 Total 101000 123000 255000 233000 Total Income 22000 22000 123000 123000 255000 255000 Questions: 1. Calculate the balance capital of the owner's equity that will appear on a balance on December 31, 2021. 2.Prepare a classified balance for Coco Lopez Cipriano on December 31, 2021 assuming that the note to pay is a long term passive