Terrell Company reported the following data at the end of its first year of operations on December 31, Equipment 26,500 Accounts payable 15,500 Owner investments 30,500 Terrell, withdrawal 13.500 Hervices revenue 73,500 Rent revenu 17,500 Salaries expense 45,500 Advertising expen 11.500 Utilities expense 9.500 () Prepare its year-end Income statement (6) Prepare Its year end statement of owner's equity, using net income calculated in part a. Hint Terrell, Capital on January i was $0. Complete this question by entering your answers in the tabs below. Required Required) Prepare it year-end Income statement TERRELL COMPANY Income Statement For Year Ended December 31 Revenues Tove Expenses