The following adjusted trial balance information (with accounts in alphabetical order) for Willis Tour Co. Inc. as at December 31, 2020, was made available after its second year of operations: Account Accounts Payable Accumulated Depreciation, Office Equipment Cash Common Shares, 33,000 authorized; 10,000 issued and outstanding Dividends Payable Gain on Expropriation of Land and Building Income Tax Expense Income Tax Payable Loss on Sale of Office Equipment Notes Payable (due in 18 months) Office Equipment Operating Expenses Preferred Shares, $0.20 non-cumulative; 6,300 shares authorized; 2,000 shares issued and outstanding Prepaid Rent Retained Earnings Ticket Sales Totals Debit Credit $ 3,800 9,300 $ 18, 800 13,800 5,800 38,000 13,800 3,300 14,800 9,800 69,000 208,500 11,300 23, 800 17,600 236,000 $348, 700 $348,700 Required: The dividends declared by Willis in the amount of $5,800 during the year ended December 31, 2020, were debited directly to retained earnings. Prepare an income statement (in multi-step format), and a classified balance sheet for Willis Tour Co. Inc. using the information provided. Include the appropriate presentation for earnings per share. (Round the "Earnings per Share" answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) WILLIS TOUR CO. INC Income Statement For Year Ended December 31, 2020 Profit from operations Other revenues and expenses: WILLIS TOUR CO. INC Balance Sheet December 31, 2020 Assets Current assets: Total current assets Property, plant and equipment: Total assets Liabilities Current liabilities: Total current liabilities Non Current liabilities: Total liabilities Liabilities Current liabilities: Total current liabilities Non Current liabilities: Total liabilities Equity Contributed capital: Total contributed capital Total equity Total liabilities and equity Earnings per share