The calendar year-end adjusted trial balance for Acosta Co. follows: ACOSTA CO Adjusted Trial Balance December 31 S 100,000 7,000 15,000 9,000 3,300 8,000 3,200 350,000 42,000 700.000 Cash Accounts receivable Prepaid rent. Prepaid Insurance Office supplies.......... Office equipment...... Accumulated depreciation Equipment Building Accumulated depreciation Building Land Accounts payable..... Salaries payable..... Interest payable Long-term note payable..... Margarita Acosta, Capital Margarita Acosta, Withdrawals Service fees earned Salaries expense............... Insurance expense............ Rent expense. Depreciation expense-Equipment Depreciation expense-Building Totals ........ 5,800 14,500 2.500 52.000 1,010,000 200.500 370,800 90,000 5.200 5,000 800 7,000 $1.500.800 $1.500.800 D'Focus B 370,800 Service fees eamed Salaries expense.... Insurance expense.. Rent expense Depreciation expense Equipment Depreciation expense Building Totals 90,000 5.200 5,000 800 7,000 $1.500.800 $1.500.800 Required: 1. Prepare in proper format the appropriate year-end financial statements (Income Statement, Statement of Owner's Equity and classified Balance Sheet (50 points) Note 1: No capital investments were made during the current year, Note 2: A $7,000 installment on the long-term note payable is due within one year. D'Focusu ow search Be careful files from the Internet can contain viruses. Unless you need to edit, it's safe to stay in Protected View Share Comments Enable Editing D Focus E- 11:38 AM here to search O