The completed financial statement columns of the worksheet for Bray Music are shown as follows (amounts in NT$). Account Bray Music Worksheet For the Year Ended December 31, 2020 Income Statement Statement of Financial Position No. Account Titles Dr. Cr. Dr. Cr. 101 Cash 8,800 112 Accounts Receivable 10,800 130 Prepaid Insurance 2,800 157 Equipment 24,000 158 Accumulated Depreciation- 4,200 Equip. 201 Accounts Payable 9,000 212 Salaries and Wages Payable 2,400 311 Share Capital Ordinary 15,000 320 Retained Earnings 4,500 332 Dividends 11,000 400 Service Revenue 60,000 Maintenance and Repairs 622 1,700 Expense 711 Depreciation Expense 2,800 722 Insurance Expense 1800 726 Salaries and Wages Expense 30,000 732 Utilities Expense 1,400 Totals 37,700 60,000 57,400 35,100 Net Income 22,300 22,300 60,000 60,000 57.400 57,400