The adjusted trial balance of pS Music as of July 31,2099 is shown below: Peyton Smith, Capital Peyton Smith, Drawing Fees Earned Music Expense Wages Expense Office Rent Expense Advertising Expense 21,200 1,750 9,000 Advertising Expense Equipment Rent Expense utilities Expense 3,610 2,9402,550 Supplies Expense Insurance Expense 1,500 Depreciation Expense Miscellaneous Expense a. Prepare an income statement for the two months ended July 31,20Y9. a. Prepare an income staternent for the two months ended July 31,20Y9. b. Prepare a statement of owner's equity for the two months ended July 31, 20'9. (Note: Peyton Smith made investments in PS Music on June I and July 1,20 Y9.) If an amount is zero; enter in a 0% Balance Sheet July 31,20yo Assets Current Assets: Total Current Assets Property, Plant and Equipment: Total Property, Plant and Equipment Property, Plant and Equipment: Total Property, Plant and Equipment Total Assets Liabilities Current Liabilities: Total Liabilities Owner's Equity Total Liabilities and Owner's Equity