The completed worksheet for Cantu Corporation as of December 31, 2019, after the company had completed the first month of operation, appears below. CANTU CORPORATION Worksheet Month Ended December 31, 2019 Adjusted Trial Trial Balance Adjustments Balance ebit Credit Debit Credit Debit Credit 39,180 39,109 6.509 6,500 6.050 3.see 2,550 10,200 1,700 8.500 42.se 42.500 850 850 Income Statement Debit Credit D Balance Sheet Debit Credit 39,109 6.589 2,550 8.500 42.500 850 6,500 54,500 54,500 54. see 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 Net Income 4,100 4. 109 57,750 57.750 57,750 3,5ee 3,500 1,700 850 3,500 1,700 850 8,900 1,400 119,600 850 8,900 8,900 1,400 118,750 1.400 118,750 6,050 6,050 119,600 57,750 103,250 16,350 41,400 57,750 61,850 41,400 103, 250 57,750 103, 250 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 $3,400 instead of $1,700, what net income would have resulted? Complete this question by entering your answers in the tabs below. Analyze: If the adjustment to Prepaid Advertising had been $3,400 instead of $1,700, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 2 Required 3 Analyze Prepare an income statement. CANTU CORPORATION Income Statement Month Ended December 31, 2019 Revenue + Expenses Total expenses Required 2 > 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $3,400 instead of $1,700, 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 $3,400 instead of $1,700, 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 8,989 Salaries Expense Utilities Expense Totals Net Income 8,900 T L 1.409 118,750 118,750 8,909 1,469 119,680 6,050 6,050 103, 250 1,400 119,680 16,350 57,750 41,409 57,750 57,750 61,8 41,4 103,25 103, 250 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 $3.400 instead of $1,700, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Net income If the adjustment to Prepaid Advertising had been $3,400 instead of $1,700, what net income would have resulted?!