Problem 1 (36 pts) The adjusted Trial Balance of Quesada Company on December 31, 2020 is shown below: Quesada Company Trial Balance December 31, 2020 DR CR Supplies Cash Accounts Receivable Prepaid Rent Short term Investment Building - Office $ 5,200 1,000 900 1,500 1,100 19,000 Land used in operation Accumulated Depreciation-Building Current portion of Long term note payable Notes payable (due 3-30-2022) 10,000 $ 4,500 2,000 5,000 Accounts Payable 1,200 Salaries Payable 900 Unearned Revenue 750 Sales Revenue 25,000 Sales Return and Allowance 2,000 Sales Discount 500 Common Stock 15,000 Retained Earnings 2,250 Dividends 750 Cost of Goods Sold 12,000 Sales Commission Expense 400 Depreciation Expense - Office Building 1,500 Supplies Expense 350 Utilities Expense 300 Advertising Expense 100 $56,600 $56,600 a. Instructions Prepare an income statement for Quesada Company for 2020. b. Prepare a statement of retained earnings for Quesada Company for 2020. C. Prepare a classified balance sheet for Quesada Company at December 31, 2020.