hefrenda shumentos of the whom tot dober 31, 020, are as follows: MAXIMUM EFFORT Adjusted Trial Balance as at October 31, 2020 Accounts Tide Debt $ 17,000 Credit Cash Accounts Receivable 6,000 4,000 Supplies Prepaid Insurance 5,000 208,000 $ 28,000 14,000 Equipment Accumulated Depreciation--Equipment Accounts Payable Notes Payable Salaries and Wages Payable Owner's Capital 70,000 6,000 97,000 Owner's Drawings 13,000 117.000 21.600 Service Revenue Advertising Expense Depreciation Expense Insurance Expense 10.000 3400 $132.000 REQUIRED (a) Prepare Income Statement for the Year Ended October 31, 2020. (b) Prepare an Owner Equity Statement as at October 31, 2020