The following information relates to YogaGuru for the year ended 30 June 2020. Prepaid rent 14,500 Accounts payable 52,700 Electricity expense 7,500 Unearned revenue 11,600 Wages payable 12,500 Accumulated depreciation- Equipment 8,600 Capital ? Rent expense 32,000 Cash at bank 75,800 Wages expense 135,400 Supplies 3,900 Service revenue 282,600 Bank Loan (due in 2025) 38,000 Accounts receivable 7,500 Drawings 4,000 Equipment 235,200 Depreciation expense-Equipment 8,600 Required: Prepare an Income Statement (6 marks), a fully classified Balance Sheet in narrative format (12 marks) and a Statement of Changes in Equity (4 marks) for the year ended 30 June 2020 for YogaGuru. 7 i BI FE iii II de ? o Income Statement: i B I Ff iii III % o Fully narrative Balance Sheet: Statement of Changes in Equity