Listed below are the account balances from adjusted trial balance of ATS Company. ATS Company Adjusted Trial Balance December 31, 2019 Account Name Debit Credit Cash 16.000 Accounts Receivable 17.000 Store Supplies Inventory 2.300 Equipment 73.000 Accumulated Depreciation, Equipment 17.300 Accounts Payable 12.000 Notes Payable 26.000 Capital 65.000 Withdrawals 6.500 Service Revenue 105.000 Store Supplies Expense 20.500 Insurance Expense 16.000 Salaries Expense 20.000 Delivery Expense 13.000 Utilities Expense 12.000 Interest Expense 14.000 Depreciation Expense, Equipment 15.000 Totals 225.300 225.300 Required: a. Journalize closing entries for ATS Company (20 POINTS) b. Prepare an Income Statement and a Balance Sheet for ATS Company (12 POINTS)