Question Three: information belongs to Sun Company on December 3 1, 2018: Supplies Accounts payable Sun Capital Advertising expense Salaries expense $120,000 440,000 200,000 40,000 200,000 120,000 $1,000,000 40,000 320,000 Revenues Sun Drawings Equipment Cash Utilities expense Rent expense 600,000 160,000 40,000 Accounts receivable Required: Prepare the income statement, statement of owner's equity and balance sheet of Sun Company on December 31, 2018. (SK1:3 marks)