Use the following information A. Prepare, in good form, an income statement, a statement of changes in equity, and a statement of financial position for Eagle Industries Ltd. for the month ended December 31, 2020. Include heading for each statement. B. Prepare closing entries Account Balance Accounts Payable Accounts Receivable Bank loan payable Cash Common shares(January 1, 2020) Dividends declared Utilities expense Insurance expense Land Retained earnings, January 1, 2020 Revenues Salaries expense Supplies Common shares issued in 2020 Paragraph V B I V Income Statement 7 marks A $8,750 15,500 74,000 90,200 70,000 8,750 19,875 14,625 105,000 22,600 92,650 24,650 4,400 15,000 : Statement of changes in Equity. 5 marks Statement of Financial Position 7 marks Closing Entries 4 marks