The ledger of Chacha Vatija Unity Limited contained the following account balances at December 31, 2019, the end of company's fiscal year. Accounts Balances ($) Cash 13670 Accounts Receivable 22100 Inventory 36700 Supplies 1070 Prepaid Rent 9440 Machinery 23500 Accumulated Depreciation-Machinery 9950 Equipment 62500 Accumulated Depreciation-Equipment 7550 Land 71000 Accounts Payable 9720 15% Debenture 32000 Common Stock ($ 2.5 par value) 41000 Additional Paid in Capital-Common Stock 42100 Retained Earnings 59800 Sales 548600 Sales Returns and Allowances 8000 Sales Discount 3400 Salaries Expense 75200 Cost of Goods Sold 385800 Loss from employee strike 4550 Wages Expense 7720 Rent Expense 12470 Interest Expense 3400 Advertising Expense 11000 Rent Revenue 3400 Other Administrative Expense 2600 Additional Data: 1. The accountant has forgot to record the issue of 1,000 common share @ $4.5 each on December 21, 2019. 2. 10% cash Dividend has been declared on the common stock. 3. The company is under 30% tax bracket. 4. Machinery is being depreciated @20% under straight line method, Equipment is being depreciated @30% under reducing balance method. 5. Supplies actually on hand is $ 200. 6. Physical check on December 31, 2019 reveals that inventory actually on hand is $ 35,200. From the above information, prepare the followings: (a) Multistep income statement for the year ending December 31, 2019; (b) Stockholder_s Equity Statement as at December 31, 2019; and (c) Classified Balance Sheet as at December 31, 2019.

The ledger of Chacha Vatija Unity Limited contained the following account balances at December 31, 2019, the end of company's fiscal year. Accounts Balances ($) Cash 13670 Accounts Receivable 22100 Inventory 36700 Supplies 1070 Prepaid Rent 9440 Machinery 23500 Accumulated Depreciation-Machinery 9950 Equipment 62500 Accumulated Depreciation-Equipment 7550 Land 71000 Accounts Payable 9720 15% Debenture 32000 Common Stock ($ 2.5 par value) 41000 Additional Paid in Capital-Common Stock 42100 Retained Earnings 59800 Sales 548600 Sales Returns and Allowances 8000 Sales Discount 3400 Salaries Expense 75200 Cost of Goods Sold 385800 Loss from employee strike 4550 Wages Expense 7720 Rent Expense 12470 Interest Expense 3400 Advertising Expense 11000 Rent Revenue 3400 Other Administrative Expense 2600 Additional Data: 1. The accountant has forgot to record the issue of 1,000 common share @ $4.5 each on December 21, 2019. 2. 10% cash Dividend has been declared on the common stock. 3. The company is under 30% tax bracket. 4. Machinery is being depreciated @20% under straight line method, Equipment is being depreciated @30% under reducing balance method. 5. Supplies actually on hand is $ 200. 6. Physical check on December 31, 2019 reveals that inventory actually on hand is $ 35,200. From the above information, prepare the followings: (a) Multistep income statement for the year ending December 31, 2019; (b) Stockholder_s Equity Statement as at December 31, 2019; and (c) Classified Balance Sheet as at December 31, 2019.