The completed worksheet for Cantu Corporation as of December 31, 2019, after the company had completed the first month of operation, appears below. Incone Debit Credit Cash Accounts Receivable Supplies Prepaid Advertising Equipment Accumulated Depreciation Equipment Accounts Payable Selena Cantu, Capital Selena Cantu, Drawing Fees Income Supplies Expense Advertising Expense Depreciation Expense-Equipment Salaries Expense Utilities Expense Totals Net Income CANTU CORPORATION Worksheet Month Ended December 31, 2019 Adjusted Trial Trial Balance Adjustments Balance Debit Credit Debit Credit Debit Credit 77.400 27,400 12,200 12.200 10,500 6.2 4.30 15.600 2.600 13.00 65,000 65,000 1.300 1.300 12,200 12,200 108,200 108.200 2.400 2.400 56,200 36,00 6.200 Balance Sheet Debit Credit 27.40 12,200 4,300 13,000 65,000 1.300 12,200 108,200 7,400 6.200 2. 1. Ja 17.00 1.300 17.000 17.000 207. 100207 100 10,100 10,100 208,400 208,400 86,700 179,300 29,100 52.600 86,700 121,700 57.600 179,300 16.00 170, 100 Required: 1. Prepare an income statement. 2. Prepare a statement of owner's equity. The owner made no additional investments during the month 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $5,200 instead of $2,600, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Analyze Prepare an income statement. CANTU CORPORATION Income Statement Month Ended December 31, 2019 Revenue Prepare an income statement. CANTU CORPORATION Income Statement Month Ended December 31, 2019 Revenue Expenses Total expenses Required 2 > Required 1 Required 2 || Required 3 So / / / / Prepare a statement of owner's equity. The owner ditional investments during the month. CANTU CORPORATION Statement of Owner's Equity Month Ended December 31, 2019 A Required 1 Required 3 Prepare a balance sheet. CANTU CORPORATION Balance Sheet December 31, 2019 Assets Total assets Liabilities and owner's equity Owner's equity Total liabilities and owner's equity 3. Prepare a balance sheet. Analyze: If the adjustment to Prepaid Advertising had been $5,200 instead of $2,600, what net income would have resulted? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Analyze If the adjustment to Prepaid Advertising had been $5,200 instead of $2,600, what net income would have resulted? Net income