Required: 1. Prepare an income statement. 2. Prepare a statement of owner's equity. The owner made no additional investments during the month. 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $3,400 instead of $1,700, what net income would have resulted Complete this question by entering your answers in the tabs below. Prepare an income statement. 1. Prepare an income statement. 2. Prepare a statement of owner's equity. The owner made no additional investments during the month. 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $3,400 instead of $1,700, what net income would have resulted? Complete this question by entering your answers in the tabs below. Prepare a statement of owner's equity. The owner made no additional investments during the month. Complete this question by entering your answers in the tabs below. If the adjustment to Prepaid Advertising had been $3,400 instead of $1,700, what net income would have resulted The completed worksheet for Montoya Corporation as or December 31,201, after the company had completed the first month of operations, oppears below. Complete this question by entering your answers in the tabs below. Prepare a balance sheet