The adjusted balances at December 31, 2020, for Derlak Enterprises are shown in alphabetical order below: Accounts payable Accumulated amortization, franchise Accumulated amortization, patent Accumulated depreciation, equipment Accumulated depreciation, tools Accumulated depreciation, vehicles Cash Equipment Franchise Lee Derlak, capital* Lee Derlak, withdrawals Notes payable, due in 2023 Office supplies Operating expenses Patent Prepaid rent Salaries payable Service revenue Tools Vehicles 2020 2019 $ 62,300 $ 10,700 20,300 12,300 4,000 2,500 78,300 65,000 48, 100 47,900 109,900 106,400 15,000 29,900 195,000 100,000 52,600 52,600 217,320 54,720 43,000 38,400 160,000 138,900 3,500 3,420 781,900 572,300 27,000 27,000 30,000 48,000 26,000 23,400 832,800 773,300 149,420 101,900 261,600 261,600 *The owner, Lee Derlak, made no additional investments during the year. Required: Prepare a comparative classified balance sheet at December 31, 2020. (Record the accounts in the given order. Enter all amounts as positive values.) DERLAK ENTERPRISES Balance Sheet December 31 2020 2019 Assets S S 0 0 0 0 0 Current assets: Cash Office supplies Prepaid rent Total current assets Property, plant and equipment: Equipment Less: Accumulated depreciation Tools Less: Accumulated depreciation Vehicles Less: Accumulated depreciation Total property, plant and equipment Intangible assets: Franchise Less: Accumulated amortization Patent Less: Accumulated amortization Total intangible assets Total assets 0 0 0 0 0 S 0 S 0 Liabilities Current liabilities: Accounts payable Salaries payable Total current liabilities Non current liabilities: Notes payable, due in 2023 Total liabilities S 0 S 0 S 0 S 0 Equity Lee Derlak, capital Total liabilities and equity S $ 0 Analysis Component: Are Derlak's assets financed mainly by debt or equity in 2019? in 2020? Is the change in how assets were financed from 2019 to 2020 favourable or unfavourable? In 2020, the assets are financed largely by Derlak's assets are financed by in 2019 The change from 2019 to 2020 in how assets were mainly financed is