Wonderful Workspaces creates high-end office furniture. The following account balances relate to the Company's October 31, 2020 financial statements: Common shares (November 1, 2019) $1,000 Wages expense 225,000 Supplies 3,600 Cash 16,600 Sales revenue 775,000 Retained earnings (November 1, 2019) 312,000 Dividends 45,000 Equipment, net 126,000 Accounts receivable 38,800 Inventory 61,000 Interest expense 12,000 31,800 Accounts payable Mortgage payable Allowance for doubtful accounts 208,000 9,800 400,000 353,000 12,000 8,400 Building, net cost of goods sold Mortgage payable, current portion Unearned sales revenue Jutilities expense Repairs and maintenance expense Supplies expense Advertising expense 10,600 12,200 6,200 14,000 Income tax expense 34,000 There were no common shares issued or repurchased during the year. Required: a) Prepare an Income Statement for the year ended October 31, 2020 b) Prepare a statement of Changes in Equity for the year ended October 31, 2020 c) Prepare a Balance Sheet as at October 31, 2020