These items are taken from the financial information of Jones, Inc. as of December 31, 2019: Additional Information: Common Stock - Authorized shares 100,000 - Issued and outstanding shares at 12/31/19-10,000 - Par value - \$1 per share - 2,000 shares issued in 2019 Required: Prepare a multiple-step income statement, a statement of stockholders' equity, and a classified balance sheet for the year ende December 31, 2019 (in proper form). Complete this question by entering your answers in the tabs below. Prepare a statement of shareholders' equity for the year ended December 31, 2019. (Amounts to be deducted should be indicated by a minus sign.) Complete this question by entering your answers in the tabs below. Prepare a classified balance sheet for the year ended December 31, 2019. (Amounts to be deducted should be indicated by a minus sign.) \begin{tabular}{|c|c|c|c|} \hline \multicolumn{2}{|l|}{ Cash } & > $20,000 & \\ \hline \multicolumn{2}{|l|}{ Accounts receivable } & 4,000 & \\ \hline \multicolumn{2}{|l|}{ Supplies } & 2,000 & \\ \hline \multicolumn{2}{|l|}{ Prepaid insurance } & 1,500 & \\ \hline \multicolumn{2}{|l|}{ Total current assets } & & $27,500 \\ \hline \multicolumn{2}{|l|}{ Property, plant \& equipment } & & \\ \hline \multicolumn{2}{|l|}{ Equipment } & 15,000 & \\ \hline \multicolumn{2}{|l|}{ Accumulated depreciation } & 4,000 & \\ \hline \multicolumn{2}{|c|}{ Total property, plant \& equipment } & & 11,000 \\ \hline \multirow[t]{2}{*}{ Total assets } & 0 & & $38,500 \\ \hline & Liabilities & & 2 \\ \hline \multicolumn{2}{|l|}{ Current liabilities } & & \\ \hline \multicolumn{2}{|l|}{ Accounts payable } & 2,5000 & \\ \hline \multicolumn{2}{|l|}{ Salaries payable } & 1,000 & \\ \hline \multicolumn{2}{|l|}{ Total current liabilities } & & 3,500 \\ \hline \multicolumn{2}{|l|}{ Long-term Liabilities } & & \\ \hline \multicolumn{2}{|l|}{ Notes payable } & & 6,000 \\ \hline \multirow[t]{2}{*}{ Total liabilities } & 0 & & 9,500 \\ \hline & ckholders' equity & & 0 \\ \hline \multicolumn{2}{|c|}{\begin{tabular}{l} Common stock, $1 par, 100,000 shares \\ authorized, 10,000 shares issued and \\ outstanding \end{tabular}} & 10,000 & \\ \hline \multicolumn{2}{|l|}{\begin{tabular}{l} Outstanaing \\ Retained earnings \end{tabular}} & 19,0000 & \\ \hline \multicolumn{2}{|c|}{ Total liabilities and stockholders' equity } & & 38,500 \\ \hline & & & \\ \hline \end{tabular} Stmt of Stockholders Equity