Shown below is an adjusted trial balance for Debrose Enterprises Ltd. at the end of its accounting period, October 31, 2020. DEBROSE ENTERPRISES LTD. Adjusted Trial Balance October 31, 2020 Debit Credit Cash.. $4,600 Accounts rekeivable. 6,200 Inventory... 12,500 Prepaid expenses.. 5,000 Building.. 140,000 Accumulated depreciation-building....... $20,000 Accounts payable...... ............ 20,500 Common shares.. 5,000 Retained earnings, Nov 1, 2019. 78,000 Dividends declared... 5,000 Sales revenue..... 280,000 Cost of goods sold. 168,000 Wages expense. 53,000 Supplies expense.. 2,000 Depreciation expense.. 6,200 Insurance expense.. 1,000 Totals... $403,500 $403,500 Instructions a) Prepare a Statement of Income. b) Prepare a Statement of Changes in Equity. c) Prepare a classified Statement of Financial Position