The completed worksheet for Cantu Corporation as of December 31, 2019, after the company had completed the first month of operation, appears below. Account Name Cash Accounts Receivable Supplies Prepaid Advertising Equipment Accumulated Depreciation-Equipment Accounts Payable Selena Cantu, Capital Selena Cantu, Drawing Fees Income Supplies Expense Advertising Expense Depreciation Expense-Equipment Salaries Expense Utilities Expense Totals CANTU CORPORATION Worksheet Month Ended December 31, 2019 Adjusted Trial Trial Balance Adjustments Balance Debit Credit Debit Credit Debit Credit 77,100 77,100 11,900 11,900 9,900 5,900 4,000 13,800 2,300 11,500 87,500 87,500 1,750 1,750 11,900 11,900 107,900 107,900 7,100 7,100 105,900 105,900 5,900 5,900 2,300 2,300 1,750 1,750 16,700 16,700 1,700 1,700 225,700 225,700 9,950 9,950 227,450 227,450 Income Statement Balance Sheet Debit Credit Debit Credit 77,100 11,900 4,000 11,500 87,500 1,750 11,900 107,900 7,100 105,900 5,900 2,300 1,750 16,700 1,700 28,350 105,900 199, 100 121,550 77,550 77,550 105,900 105,900 199, 100 199, 100 Net Income Required: 1. Prepare an income statement. 2. Prepare a statement of owner's equity. The owner made no additional investments during the month. 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $4,600 instead of $2,300, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Analyze Prepare an income statement. CANTU CORPORATION Income Statement Month Ended December 31, 2019 Revenue Expenses Total expenses Analyze: If the adjustment to Prepaid Advertising had been $4,600 instead of $2,300, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Analyze Prepare a statement of owner's equity. The owner made no additional investments during the month. CANTU CORPORATION Statement of Owner's Equity Month Ended December 31, 2019 Analyze: If the adjustment to Prepaid Advertising had been $4,600 instead of $2,300, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Analyze Prepare a balance sheet. CANTU CORPORATION Balance Sheet December 31, 2019 Assets Total assets Liabilities and owner's equity Owner's equity Total liabilities and owner's equity Analyze: If the adjustment to Prepaid Advertising had been $4,600 instead of $2,300, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Analyze If the adjustment to Prepaid Advertising had been $4,600 instead of $2,300, what net income would have resulted? Net income