Debit Credit Cash $19,600 Supplies 3,300 Prepaid Insurance 6,000 Land 25,000 Buildings 125,000 Equipment 26,000 Accounts payable 6,500 Unearned revenue 7,400 Mortgage payable 80,000 Capital 100,000 Drawings 5,000 Revenue 80,000 Repairs 3,600 Salaries 51,000 Utilities 9,400 $273,900 $273.900 Required a. Please prepare an Income statement and balance sheet from the information given. b. Comment on the company's liquidity, profitability and solvency