The following information relates to Fleete Co. for the year 2020. $18,000 Advertising expense 0 100 900 Investment by owner Owner's capital, January 1, 2020 Salaries and wages expense Withdrawals by owner Furniture Accounts Payable Wages and salaries Payable Revenues Expenses Total Expenses Net Income Les: Required a. Prepare an income statement for the year ending December 31, 2020 b. Prepare an owner's equity statement for the year ending December 31, 2020. + Prepare Balance Sheet on December 31, 2020. Owner's capital, January 1, 2020 Plus: 600 Assets 300 Total assets 100 Service revenue Rent expense Owner's capital, December 31, 2020 Utilities expense Cash Notes Payable Equipment Fleete Co. Income statement For the year ending December 31, 2020. Fleete Co. Statement of Owner's Equity For the year ending December 31, 2020. Fleete Co. Balance Sheet December 31, 2020 Liabilities Equity 200 1,855 300 25 2,330 400 16,200 Total liabilities and equity