Western Express Enterprises Inc. gathered together the following information regarding the asset, liability, shareholders' equity, revenue, and expense accounts as of the end of its first year in operations, June 30, 2020: Rent expense $ 7,500 Dividends $8,900 Truck 14,600 Accounts payable 6,700 Supplies 2,500 Service revenue 45,500 Salary expense 19,400 Salary payable 1,200 Accounts receivable 9,200 Utilities expense 5,000 Note payable 11,000 Interest expense 1,500 Common shares 25,000 Cash 20,800 Depreciation expense 1,000 Accumulated Depreciation 1,000 Required: a. Assuming the company's income tax rate is 30%, prepare a single-step income statement for Western Express Enterprises Inc. for the year ended June 30, 2020. (8 marks) b. Prepare the classified balance sheet in good form for Western Express Enterprises Inc. as of June 30, 2020. (13 marks)