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The adjusted trial balance for Sunland Fishing Centre is as follows: SUNLAND FISHING CENTRE Adjusted Trial Balance March 31, 2021 Debit Credit Cash $7.500 Interest receivable 700 Supplies 1,400 Long-term investments 32.000 Land 46,000 175,000 $31.000 36,000 17.500 6,000 980 Building Accumulated depreciation-building Equipment Accumulated depreciation-equipment Accounts payable Interest payable Unearned revenue Notes payable ($6,000 must be paid in February, 2022) R. Falkner, capital R. Falkner, drawings Service revenue Interest revenue Depreciation expense 2,060 65.500 154410 46,000 122,700 1,800 9,800 Interest expense 3,950 Insurance expense 4.400 Salaries expense 28.500 Supplles expense 5.500 Utilities expense 5.200 $401,950 $401950 (a) Prepare an income statement for the year ended March 31, 2021. SUNLAND FISHING CENTRE Income Statement > $ $ >> $ (6) Prepare a statement of owner's equity. The owner, Rachael Falkner, invested $2,200 cash in the business during the year (Note: The investment has been recorded and it is included in the capital account) (List items that increase owner's equity first.) SUNLAND FISHING CENTRE Statement of Owner's Equity S Presarea casute balance sheet List Current and otherm Plantandement inter of land and lot SUNLAND FISHING CENTRE Balance Sheet As Praded bulance shots Current andere Land in order and SUNLAND ASHING CENTRE Balance Sheet V ULA > tities and unity >>>>>> ) Prepare closing entries. Credit account titles are automatically indented when amount is entered. Do not indent manual no entry is required, select "his Entry for the account title and enter for the amounts Date Account Titles and Explanation Debit Credit Mar 31 > To close proht to capital Mar 31 > To close drawings account) Lise Taccounts to the singers and the bencherhed by the cosing or colored for another the nome Summary V Raline Capital >> R. Fake Drie > v >