December 31, 2020 (pre-closing) adjusted trial balances for Hydraulic Systems Co. was as follows: Account Title Sales revenue... Salaries expense.... Accumulated depreciation.. Account payable Allowance for uncollectible accounts.. Accounts receivable Shareholders' Capital... Cash.... Cost of goods sold.. Debits Credits 1.155.000 180,000 390,000 120,000 15,000 255,000 735,000 39,000 720.000 90,000 Depreciation expense. Equipment 1,050,000 Interest expense. 6,000 Inventory 225,000 Note payable (due in six months)... 90,000 Rent expense.. 45,000 Retained eamings. 93,000 Salaries payable..... 12,000 TOTALS. 2.610.000 2.610.000 60,000 shares of common stock were outstanding throughout 2020. The income tax rate is 16% Required: 1-Prepare a multiple-step income statement for 2020, including EPS disclosure 2-Prepare a classified balance sheet for December 31, 2020