Problem #5 The adjusted trial balance of Wallowa Ranch Inc. on December 31, 2016 includes the following accounts. Accumulated Depreciation, $8,000 Depreciation Expense, 52,000; Notes Payable $7,800; Interest Expense $250; Utilities Expense, $370; Rent Expense, $800, Service Revenue. $24,600; Salaries and Wages Expense, $6,800; Supplies. $250; Supplies Expense, $1,500; Salaries and Wages Payable, $800. Prepare an income statement for the month of December (20 points) Problem #6 The adjusted trial balance of Malt Company at December 31, 2016 includes the following accounts: Owner's Capital $16,200; Owner's Drawings $7,300, Service Revenue $37.000, Salaries and Wages Expense $12,000, Insurance Expense $2.100, Rent Expense $3,600, Supplies ense $2,500; and Depreciation Expense $3,000. Prepare an owner's equity statement for the year. (20 points)