The adjusted trial balance for Sharp Construction as of December 31, 2011, follows. J. Sharp invested $50,000 cash in the business during year 2011 (the December 31, 2010, credit balance of the J. Sharp, Capital account was $32,700). Sharp Construction is required to make a $6,600 payment on its long-term notes payable during 2012. Required 1. Prepare the income statement and the statement of owner