Coronado Design was founded by Thomas Grant in January 2011. Presented below is the adjusted trial balance meal December 31 2020 Credit CORONADO DESIGN ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debt Cash $11.705 Accounts Receivable 22.205 Supplies 5.705 Prepaid Insurance 3.205 Equipment 60.705 Accumulated Depreciation Equipment Accounts Payable Interest Payable Notes Payable Unearned Service Revenue Salaries and Wages Payable Common Shock Retained Earnings Service Revenue Salaries and Wages Expense 12.005 Insurance Expense 1038 Interest Expense 572 Depreciation Expense 9,400 Supplies Expenses 3.400 Rent Expense 4.000 $133.940 $35,705 5.705 222 7,400 6305 10,705 4.205 62,205 $133940 Prepare an income statement for the year ending December 31, 2020. (Enter loss using either a negative sin preceding the number es -45 or parentheses es 1450 CORONADO DESIGN Income Statement For the Year Ended December 31, 2020 Reven Ephes Prepare an income statement for the year ending December 31, 2020 resulther 45-45 or permitesse 450 onderheber CORONADO DESIGN Income Statement For the december 31, 2020 Tevens Expenses e Textbook and Media List of Accounts Prepare a statement of retained earnings for the year ending December 31, 2020 CORONADO DESIGN Statement of Retained Earnings For the Year Ended December 31, 2020 e Textbook and Media List of Accounts Prepare an unclassified balance sheet at December 31 (List asents in order afly) CORONADO DESIGN Balance Sheet Assets 5 Liabilities and Stockholders' Equity S e Textbook and Media List of Accounts Answer the following questions. (Round interest rate to decimal places, eg, 5%) (1) If the note has been outstanding 6 months, what is the annual interest rate on that note? (Hint. Assume that the amount of interest payable in the trial balance relates to the note payable in the trial balance.) The annual interest rate (2114 the company paid $17.500 in salaries and wages in 2020, what was the balance in Sataries and Wages Payable on December 31, 2019 The balance in Salaries and Wages Payable e Textbook and Media List of Accounts