Splashtown Ltd, an amusement park, generates revenue from ticket sales and from renting booths to food and souvenir vendors. It has a calendar financial year but prepares adjusting entries, closing entries, and financial statements quarterly. The company prepares quarterly and annual financial statements. You may assume no errors were made journalising and posting transactions. The unadjusted trial balance at 30 June 2020, the end of the second quarter, follows: Cash $14,400 Accounts Receivable 1,000 Prepaid Rent 9,900 Supplies 1,200 Equipment 48,000 Accumulated Depreciation, Equipment $12,000 Accounts Payable 1,200 Interest Payable 150 Wages Payable 0 Income Taxes Payable 0 Unearned Admissions Revenue 0 Bank Loan Payable 10,000 Share Capital 28,000 Retained Earnings 9,630 Admissions Revenue 37,920 Vendor Rental Revenue 6,200 Other Operating Expenses 11,600 Interest Expense 0 Income Tax Expense 0 Depreciation Expense 0 Wages Expense 19.000 $105,100 $105,100 Additional Data: (1) In January 2020, the park pre-paid rent for the next 12 months, including January 2020. (ii) Supplies are expensed when purchased by debiting "Other Operating Expenses." At the end of June, it was determined that supplies of $1,000 were still on hand. (ii) Equipment is being depreciated at $6,000 per year. (iv) It was determined that $5,200 of the admissions revenue related to ticket sales that will be redeemed in July and August. (v) Wages of $1,800 are paid each Friday for a five day work week. June 30 falls on a Thursday. (vi) The vendors pay rent to Splashtown Ltd on the first of each month, but that payment relates to rent owed to Splashtown Ltd from the previous month. The rent is calculated as 10% of the revenue the vendors earned in that previous month. The vendors had earned revenue of $28,000 in the month of June, and the rent calculated based on this revenue will be paid to Splashtown Ltd the first of July. (vii) The Bank Loan Payable is due in 2022 but requires semi-annual interest payments on 1 January and 1 July. The annual interest rate is 6%. (viii) Income taxes are estimated at 30% of pre-tax profit. c) Prepare a statement of Comprehensive Income for the quarter ending 30 June 2020 and the asset section of the Balance Sheet as at 30 June 2020, in the form and format prescribed in this course