Question 20 (28 points) Middleton Trucking Ltd. has the following selected accounts and their balances at May 31, 2021: Accounts payable $5,170 Accumulated depreciation - Vehicles 6,000 Notes payable (due in 2024) 12,000 Cash 9,450 Common shares 5,000 Depreciation expense 4,000 45,000 Vehicles Income tax expense 5,000 Salaries expense 25,900 Salaries payable ORE 1,700 HIIUM di capellist 3,00 Salaries expense 25,900 Salaries payable 1,700 Service revenue 59,500 Supplies 5,320 Other information: o Retained Earnings had a $6,200 balance at June 1, 2020 There were $900 Dividends declared and $2,000 Common shares issued during the year. Required: Using good form, prepare the following annual financial statements for Middleton Trucking Ltd. for May 31, 2021. a) a Statement of Income D Supplies 5,320 Other information: Retained Earnings had a $6,200 balance at June 1, 2020 . There were $900 Dividends declared and $2,000 Common shares issued during the year. Required: Using good form, prepare the following annual financial statements for Middleton Trucking Ltd. for May 31, 2021. a) a Statement of Income b) a Statement of Changes in Equity and c) a Classified Statement of Financial Position