TOAT TA Nadw Coffee dan antara coshophad the following account balances at the end of December 2020 $ Cash 120,000 340.000 Accounts payable Didends declared 10,000 Sales revenue 2,910.000 Inventory 305,000 Advertising experte 78.000 Common shares 10000 Prepaid insurance 22.000 Wage expense 510.000 Equipment 1.240,000 Rent expense T80.000 Wages payable 45,000 Cost of goods sold 1.650,000 Depreciation expense 82.000 Loan payable 790,000 Interest expense 42.000 Accounts receivable 185.000 Retained earnings (as at January 1, 410,000 2020) aPrepare a multi-step statement of income for the your ended December 31, 2020 b)Prepare a statement of changes in equity for the year ended December 31, 2020 c)Prepare a statement of financial position as at December 31, 2020 2 A B / Statement of Income