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 10110

Accounts Receivable 22800

Inventory 36900

Supplies 1100

Prepaid Rent 9450

Machinery 23000

Accumulated Depreciation-Machinery 9970

Equipment 62500

Accumulated Depreciation-Equipment 7580

Land 72000

Accounts Payable 9780

15% Debenture 30000

Common Stock ($ 2.5 par value) 44000

Additional Paid in Capital-Common Stock 42100

Retained Earnings 59400

Sales 545300

Sales Returns and Allowances 7900

Sales Discount 3400

Salaries Expense 75600

Cost of Goods Sold 385800

Loss from employee strike 4520

Wages Expense 7780

Rent Expense 12470

Interest Expense 3400

Advertising Expense 10000

Rent Revenue 3400

Other Administrative Expense 2800

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.