Coyote Company Adjusted Trail Balance As of 12/31/20194 Account Debit Credite $30,000 40,000 So $ 1,000+ 18, 0004 51,000+ 6,000+ 80,000 500,000 110,000+ 300,000 Cash Accounts receivable Allowance for doubtful accounts Notes receivable Inventory, 12/31/2019 Prepaid insurance Long-term investment in MS stock Buildings Accumulated depreciated on buildings Furniture and equipment Accumulated depreciation of F & E Patent Accounts payable Bonds Payable Common stock Retained earnings Dividends Sales COGS Salary expense Rent expense Gain on sale of discontinued operation Net loss from operations of discontinued operation 90,000 30,000 20,000 100,000 360, 0004 257,000+ 410,000+ 160,000 243, 0004 50,000+ 60,000+ 60,000+ 100,000* Totals 1,538,000 1,538,000 *net of tax amounts, tax = 30%. e Instructions: using information on the above adjusted trial balance prepare 1. Multiple steps Income statement for 20194 2. Statement of Retained Earnings for 2019- 3. Multiple step Balance sheet as of 12/31/2019