The adjusted trial balance for Lloyd Construction as of December 31, 2020, follows:

No. 101 104 126 149 167 168 173 174 183 193 201 203 233 251 301 302 401 406 606 612 623 633 637 652 688 690 Account Cash Short-term investments Supplies Notes receivable Equipment Accumulated depreciation, equipment Building Accumulated depreciation, building Land Franchise Accounts payable Interest payable Unearned professional revenue Long-term notes payable Amar Lloyd, capital Amar Lloyd, withdrawals Professional revenue Rent revenue Depreciation expense, building Depreciation expense, equipment Wages expense Interest expense Insurance expense Supplies expense Telephone expense Utilities expense Totals Debit Credit $ 16,900 21,900 8,500 46,500 87,000 $ 42,500 269,000 145,500 90,500 35,500 17,900 130 27,900 141,000 100, 190 3,900 215,480 30,500 20,900 8,900 64,900 700 18,900 13,700 5,300 8,100 $721,100 $721,100 An analysis of other information reveals that Lloyd Construction is required to make a $49,500 payment on the long-term notes payable during 2021. The notes receivable are due May 1, 2022. Also, Amar Lloyd invested $84,000 cash early in 2020. Prepare an income statement for the year ended December 31, 2020. LLOYD CONSTRUCTION Income Statement For Year Ended December 31, 2020 Revenues: Total revenues $ 0 Operating expenses: Total operating expenses 0 Prepare a statement of changes in equity for the year ended December 31, 2020. LLOYD CONSTRUCTION Statement of Changes in Equity For Year Ended December 31, 2020 Amar Lloyd, capital, January 1 0 Total 0 Amar Lloyd, capital, December 31 Prepare a balance sheet at December 31, 2020. LLOYD CONSTRUCTION Balance Sheet December 31, 2020 Assets Current assets: Total current assets $ O Non-current investments: Property, plant and equipment: Building Equipment $ 0 Total property, plant and equipment Intangible assets: Total assets $ 0 Liabilities Current liabilities: Total current liabilities $ 0 Non-Current Liabilities: Total liabilities $ 0 Equity Total liabilities and equity $ 0