Income statement preparation Adam and Arin Adams have collected their personal income and expense information and have asked you to put together an income and expense statement for the year ended December 31, 2019. The following information is received from the Adams family a. Create a personal income and expense statement for the period ended December 31, 2019. It should be similar to a corporate income statement. b. Did the Adams family have a cash surplus or cash deficit? c. If the result is a surplus, how can the Adams family use that surplus? - Data Table X (Click the icon here in order to copy the contents of the data table below into a spreadsheet.) Adam's salary Arin's salary Interest received Dividends received Auto insurance Home insurance Auto loan payment Mortgage payment $44,900 Utilities 30,400 Groceries 480 Medical 120 Property taxes 570 Income tax, Social Security 780 Clothing and accesories 3,330 Gas and auto repair 13,700 Entertainment $3,190 2,160 1,450 1,659 12,500 1,970 2,080 1,990