Financial statements Labels and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet Final Question Instructions The amounts of these and abilities of Nordic Travel Agency of December 31, 2019, the end of the year and is revenue and expenses for the year follow The capital of lan Esel, owner, was 5570,000 on January 1, 2010, the beginning of the year Duning the year, ton withdrew $.000 Accounts Amounts Accounts payable 5 6 500 Accounts receivable 205 000 100 1500 Foes and Land 012500 544000 5.400 Mitenute 2000 Sucos Suxente Uspense 2850 Wat Required: 1 Pre ord 2010 Labels and Amount Descriptions Income Statement Statement of Owner's Equity Balance Sheet Instructions CCS Cancu Land 544,000 Miscellaneous expense 6.400 Rent expense 36.000 Supplies 5.500 Supplies expense 4.100 Utilities expense 28,500 Wages expense 510,000 Required: 1. Prepare an income statement for the year ended December 31, 2019 2. Prepare a statement of owner's cauty for the year ended December 31, 2019 3. Prepare a balance sheet as of December 31, 2019 4. What item appears on both the statement of owner's equity and the balance sheet? *Refer to the information given and the late of Accounts Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement reading lanet s incurred or there is a decrease in owner's equity enter that amount as a negative number using a minus sign