This alphabetized adjusted trial balance is for GalaVu Entertainment as of its December 31, 2023, year-end: Debit Accounts payable Accounts receivable Accumulated depreciation, automobiles Accumulated depreciation, equipment Credit $ 44,100 $ 18,800 69,100 20,600 Advertising expense 9,100 Automobiles 141,000 Cash 11,100 Depreciation expense, automobiles 13,300 Depreciation expense, equipment 4,200 Equipment 65,500 Revenue Interest income Interest expense 242,175 200 3,600 Interest payable Interest receivable 50 400 John Conroe, capital 23,100 John Conroe, withdrawals 19,100 Land 35,500 Long-term notes payable 116,000 Notes receivable (due in 90 days) 80,500 Office supplies 4,100 Office supplies expense 13,100 Repairs expense, automobiles 8,500 Salaries expense 76,325 Salaries payable Unearned revenue 5,600 11,100 Wages expense Totals 27,900 $532,025 $532,025 Required: Use the information in the trial balance to prepare: a. The income statement for the year ended December 31, 2023. b. The statement of changes in equity for the year ended December 31, 2023. Note that your solution should take into account that the owner made additional investment of $15,500 during the year.