Glent Company prepared the following adjusted trial balance at its year-end of August 31, 2019. The company is owned by Bruce Glent.

Glent Company prepared the following adjusted trial balance at its year-end of August 31, 2019. The company is owned by Bruce Glent. Glent Company Trial Balance August 31, 2019 Account Titles DR CR Cash $14,600 Accounts Receivable $5,800 Merchandise Inventory $6,200 Prepaid Expenses $2,400 Store Equipment $39,900 Accumulated Depreciation-Equipment $2,800 Accounts Payable $6,600 Unearned Revenue $5,6001 Bank Loan $9,000 Glent, Capital $41,520 Glent, Withdrawals $1,200 Sales Revenue $51,780 Gain on Sale of Equipment $4,800 Cost of Goods Sold $18,200 Advertising Expense $1,400 Depreciation Expense-Equipment $2,800 Interest Expense $600 Office Salaries Expense $4,100 Rent Expense-Retail Space $10,700 Rent Expense-Office Space $5,900 Sales Salaries Expense $8,300 Total $122,100 $122,100 Required a) Prepare a multi-step income statement. Do not enter dollar signs or commas in the input boxes. Enter the accounts into the appropriate statements in the order they are presented on the trial balance Do not use negative signs. Glent Company Income Statement For the Year Ended August 31, 2019 Sales Revenue Cast of Goods Sald Gross Profit Operating Expenses Selling Expenses Sales Salaries Expense X Total Selling Expenses Administrative Expenses Total Administrative Expenses Total Operating Expenses Income from Operations Other Income and Expenses Net Income b) Prepare a statement of owner's equity, Glent Company Statement of Owner's Equity For the Year Ended August 31, 2019 Glent, Capital (Beginning) Add: Net Income Less: Glent, Withdrawals Subtotal Glent, Capital, August 31, 2019 c) Prepare a classified balance sheet. Glent Company Balance Sheet As at August 31, 2019 Assets Current Assets Total Current Assets Property, Plant, and Equipment Total Property, Plant, and Equipment Total Assets Liabilities Current Liabilities + Total Current Liabilities Long-Term Liabilities Total Long-Term Liabilities Total Liabilities Owner's Equity Total Owner's Equity Total Liabilities and Owner's Equity