XYZ firm is a full-service internal designers firm engaged in the practice of the major fields of internal design. The following accounts were extracted from Michael and Lister internal design Firm trial balance. Amounts 3,600 4,500 Account Accounts payable Accounts receivable Cash Sales revenue Salaries expense Notes payable Equipment Marketing expense Advertising expense Owners' capital, beginning Supplies Withdrawals 91,200 150,000 25,000 22,700 59,900 20,000 35,000 70,000 700 10,000 Question 2 a- Prepare income statement b- Prepare statement of owners' equity C- How much is Michael and Lister firm's total assets