Event Wagon, Inc., provides musical entertainment at weddings and various other functions. The company performs adjusting entries monthly, but prepares closing entries annually on December 31. The adjusted trial balance accounts are given below. R$ 130,000 Party revenue eamed Accounts receivable Rs 9000 Office rent expense Rs 12000 Uneamed party revenue 1,800 Insurance expense 1800 Supplies expense 1200 Dividends 1,000 Salary expense 75000 16000 Accumulated depreciation: van Travel Expense 14000 2000 6000 Repair and maintenance expense Accumulated depreciation equipment and music Miscellaneous expense 3600 Interest expense 4400 3800 Income before income taxes Retained esming Income taxes payable. 400 Net Income 3400 15000 Income Tax expense 2000 Cash 15000 Supplies 500 Van 40,000 8000 Equipment and music 7000 Depreciation expense Van Total Asset 28000 75,500 Account Payable 7000 Depreciation Expense musical instrument Notes payable 39000 Salaries Payable 1600 Prepaid rent 2000 Unexpired Insurance 4500 Capital Stock 5000 Retained eaming 16400 Instructions: Prepare a set of financial statements dated December 31, 2011. (You may assume that all of the figures in the company's adjusted trial balance were reported correctly except for Interest Payable of Rs 200, which was mistakenly omitted in the financial statements)