Question #4 (70 pts) The adjusted trial balance of Eagler Company for the year ended December 31, 2020, is as follows. Debit Credit Cash $ 5,500 Accounts Receivable 3,100 Notes Receivable (due February 20,2021) 2,000 Inventory 6,000 Timberland 21,000 Land 14,000 Equipment 35.400 Patents 11,000 Accumulated Dupletion $ 3,900 Allowance for Doubtful Accounts 1,000 Accumulated Depreciation - Equipment 8,300 Notes Payable (due January 15, 2021) 4,600 Accounts Payable 2,300 Owner's Capital 68,500 Sales Revenue 52,000 Interest Revenue 400 Cost of Goods Sold 23,000 Salaries and Wages Expenses 11,400 Depreciation Expense 2,100 Amortization Expense 1,600 Research and Development Expense 1,300 Bad Debt Expense 500 License Expense 300 Interest Expense 800 Loss on Disposal of Plant Assets 2.000 Total $141.000 $141.000 Instructions a. Prepare a multiple-step income statement for the period ended December 31, 2020 b. Prepare a retained earnings statement for the period ended December 31, 2020. c. Prepare a classified balance sheet as of December 31, 2020 Fou