Question 2 On Feb. 1, 2005, Eissa Amiri started ACE Insulating Company. Following were the account balances of ACE Insulating Company on Feb. 28, 2005. (All amounts are in AED) Cash 12,300 Accounts receivable 38,000 Insulating supplies 18,200 Prepaid rent 2,500 Automobile 80,000 Accounts payable 2,000 Notes payable (due in 3 months) 7,000 Jessa, capital 130,800 Jessa, withdrawals 5,000 Insulating revenues 27,000 Salaries expense 5,000 Utilities expense 2,000 Transportation expense 800 Rent expense 3,000 Required:. a) Prepare an Income Statement b) c) Prepare the statement of changes in Owner's equity Prepare a Balance sheet. Consulting fees earned Salaries expense Utilities expense Transportation expense Insurance expense Rent expense Net Operating Income Income Statement