Problem 2.9 The Johnson Hotel is located in Perth, Western Australia. Identified below are the account balances for the Johnson Hotel following its commercial activities through the month of December 20X1. Accounts payable Accounts receivable Cash Linen Uniforms Buildings Loan payable Owner's equity Sales revenue Inventory stock used Miscellaneous expenses Owner's drawings $10,000 12,000 5,000 8,000 7,500 250,000 100,000 148,000 38,000 6,500 3,000 4,000 Required a Prepare Johnson Hotel's income statement for December 20X1. b Prepare Johnson Hotel's statement of owner's equity for December 20X1. c Prepare Johnson Hotel's balance sheet as of 31st December 20X1.