Debit Credit Account No. 28,000 101 Cash 1,800 124 Shop supplies 128 Prepaid insurance 4,200 88,000 167 Equipment 7,500 168 Accumulated depreciation, equipment 19,000 201 Accounts payable 8,860 210 Wages payable 301 Mike Yang, capital 140,000 302 Mike Yang, withdrawals 36,000 401 Repair revenue 157,630 612 Depreciation expense, equipment 8,500 623 Wages expense 104,500 637 Insurance expense 1,900 640 Rent expense 52,350 650 Office supplies expense 4,800 690 Utilities expense 2,940 Totals 332,990 332,990 Required: Using the information provided above, prepare: a) Income Statement for the year ended 31 December 2020 b) Statement of changes in equity as at 31 December 2020 c) Balance Sheet as at 31 December 2020