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a. The income statement for the year ended December 31, 2017.

b. The statement of changes in equity for the year ended December 31, 2017, assuming that the owner made additional investments of $15,500 during the year. c. The balance sheet as of December 31, 2017. (Be sure to list the assets and liabilities in order of their liquidity.)

This alphabetized adjusted trial balance is for GalaVu Entertainment as of its December 31, 2017, year-end Debit Credit Accounts payable Accounts receivable 44,100 18,800 Accumulated depreciation, automobiles Accumulated depreciation, equipment Advertising expense Automobiles Cash 69,100 20,600 9,100 141,000 11,100 13,300 4,200 65,500 Depreciation expense, automobiles Depreciation expense, equipment Equipment Revenue 242,175 200 Interest income 3,600 Interest expense Interest payable Interest receivable 50 400 23,100 John Conroe, capital John Conroe, withdrawals Land 19,100 35,500 Long-term notes payable Notes receivable (due in 90 days) Office supplies Office supplies expense Repairs expense, automobiles Salaries expense Salaries payable Unearned revenue 116,000 80,500 4,100 13,100 8,500 76,325 5,600 11,100 27,900 Wages expense Totals 532,025 $ 532,025 Required: Use the information in the trial balance to prepare

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