Complete this question by entering your answers in the tabs below. Prepare Wells Technical Institute's income statement for the year. 0. An analysis of WTI's insurance policies shows that $3,203 of coverage has expired. b. An inventory count shows that teaching supplies costing $2,776 are avallable at year-end c. Annual depreciation on the equipment is $12,814 d. Annual depreciation on the professional ilibrary is $6,407. e. On September 1 , WTI agreed to do five training courses for a cllent for $2,700 each. Two courses will start immediately and finish before the end of the year. Three courses will not begin until next year. The client paid $13,500 cash in advance for all five training courses on September 1 , and WTI credited Uneamed Revenue. t. On October 15, WTI agreed to teach a four-month class (beginning immediately) for an executive with payment due at the end of the class. At December 31,$9,000 of the tuitson revenue has been earned by WTI g. WTi's two employees are pald weekly. As of the end of the year, two days' salarles have accrued at the rate of $100 per day for each employee. h. The balance in the Prepald Rent account represents rent for December. Prepare Wells Technical Institute's balance sheet as of December 31 . 3-c. Prepare Wells Technical Institute's balance sheet as of December 31 Complete this question by entering your answers in the tabs below. Prepare Wells Technical Institute's statement of owner's equity for the year. The T. Wells, Capital account balance was $106,351 on December 31 of the prior year, and there were no owner investments in the current year