Given the following adjusted trial balance: ACE CORPORATION Adjusted Trial Balance November 30,2020 Cash.... $25,000 Credit 40,000 58,000 79,000 Prepaid expenses ..... 7,000 125,000 Buildings ........ 352,000 Equipment.. 117,000 Patents 21,000 Accumulated depreciation-buildings.... 88,000 Accumulated depreciation - equipment. 29,250 Accounts payable dots dots dots dots dots 60,000 12,000 Unearned revenue dots dots dots dots dots dots dots dots dots dots dots 18,000 125,000 100,000 250,000 130,250 Sales Revenue.............. 439,750 285,600 137,000 3,400 2.250 $1,25 Instructions a) Prepare a classified Income statement (5 marks) b) Prepare any closing entries required. Assume dividends declared and paid in 2020 are $19,000. (5 ma