The ADJUSTED Trial Balance of Practice Merchants for the year ended December $31,2023,$ follows:

Practice Merchants

ADJUSTED Trial Balance

December $31,2023$

$\backslash$table$[[$Wages Exnoncount Title,Balance$],[\backslash$table$[[$Note pavahlo Expenses$]],30,000],[\backslash$table$[[$Note payable $($Long$-$term$)],[$Office supolina$]],13,000],[\backslash$table$[[$Cash$],[$Cash$]],3,600],[,17,000],[\backslash$table$[[$Capital$],[$Office sunolines$]],20,000],[\backslash$table$[[$Office supplies$],[$Sales Returns$]],1,100],[\backslash$table$[[$Sales Returns & Allowances$],[$Unearned sales raven$]],10,000],[$Unearned sales revenue,$4,000],[\backslash$table$[[$Prepaid insurance$],[$Wages pavable$]],2,500],[$Wages payable,$1,600],[$Equipment$,50,000],[$Depreciation expense,$3,600],[$Accumulated Depreciation$-$Equipment,$10,000],[$Cost of Goods Sold,$40,000],[$Accounts payable,$8,000],[$Withdrawals$,16,000],[$Sales Revenue,$120,000],[$Insurance expense,$2,800]]$

Required:

Based on the adjusted account balances listed above, complete the following:

a$.$ Multi$-$Step Income Statement

b$.$ Statement of Owner's Equity $($Note: all owner investements were made during $2023)$

c$.$ Classified Balance Sheet

Remember: All adjustments have already been made.

Assume all accounts have normal balances.