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[The following ea bera The following is the adjusted trial balance of Sierra Company. Account Title Cash Prepaid insurance Notes receivable (due in 5 years)

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[The following ea bera The following is the adjusted trial balance of Sierra Company. Account Title Cash Prepaid insurance Notes receivable (due in 5 years) Buildings Accumulated depreciation-Buildings Accounts payable Notes payable (due in 3 years) H. Sierra, Capital H. Sierra, Withdrawals Consulting revenue Wages expense Depreciation expense-Buildings Insurance expense Totals Debit Credit $ 29,000 1,700 6,400 80,000 $ 24,000 8,500 9,000 28,500 7,000 69,500 4,700 8,000 2,700 $139,500 $139,500 Prepare an income statement for the year ended December 31. SIERRA COMPANY Income Statement Total revenue 1 rices Help 2 Required information ort 1012 Prepare a statement of owner's equity for the year ended December 31. Owner made no investments during the current period. SIERRA COMPANY Statement of Owner's Equity 2. voints Skiwood M. Sierra, Capital, December 31 prior year end floor Point H. Sierra, Capital, December 31 current year and S Rotorencat

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