t t Deg g olthe year.) 4.9 An engineering construction firm is chartered to provide consulting services, design, and a limited range of construction services. Its designs have developed into registered patents Some designs are licensed by subcontractors, the firm not choosing to use them itself; it does re- ceive income from that business arrangement. These accounts and their balance are summa- rized below or a family-owned firm titled "Eastwood s are in units of $1000, but ignore r each account title, first identify if it is an asset, liability, net worth, income, expense, Find the income statement and balance sheet f Engineering Services," Second Quarter. (Hints: These value that. Fo or tax. Each account will have a spot in either the income or balance-sheet statement.)