Instructions: Corona Corporation had the following balances on 12/31/2019. Using the adjusted trial balance below, prepare the financial statements for the year 2019. All three of the following financial statements must be prepared. Each statement should include an appropriate heading, labels for sections, and sub-totals. (1) Multi-Step Income Statement (showing gross profit) - format example on pg. 270 (2) Statement of Retained Earnings - format example on pg. 21 (3) Classified Balance Sheet (showing current vs non-current) format example on pg 190 ACCT 2010 Corona Corporation Adjusted Trial Balance 12/31/19 Credit Debit 50,000 10,000 3,000 100,000 Account Titles Cash Accounts Receivable Prepaid Rent Equipment Accumulated. Depreciation - Equipment Land Notes Payable(due in 10 years) Accounts Payable Interest Payable Retained Earnings Common Stock Dividends Service Revenue Cost of Goods Sold Utilities Expense Insurance Expense Delivery Expense Advertising Expense Totals 35,000 13,000 42,000 16,000 3,000 28,000 36,000 1,000 535,000 495,000 4,500 1,300 2,900 14,300 695,000 695,000