Question 2: (6 Marks) Based on the following trial balance for Andrew's Automotive Shop, prepare an income statement, statement of owner's equity, and a balance sheet. Andrew made no additional investments in the company during the year. Andrew's Automotive Shop Trial Balance December 31 Debit Credit Cash $ 12,500 Accounts receivable 1,500 Supplies 500 Repair shop equipment 27,000 Service truck 33,000 Accounts payable $ 2,600 Barry, Capital 38,525 Barry, Withdrawals 36,000 Service revenue 125,000 Supplies expense 3,425 Rent expense 18,000 Utilities expense 5,000 Gas expense 7,200 Wages expense 22,000 Totals $ 166,125 $ 166,125