On December 31, 2020, the unadjusted trail balance of Musical Sensations after its second year of operations are as follows cash 75004 dr, accounts receivablr 14200 dr, office supplement 790 dr, musical equipment 1,25,000 dr, jim daley withdrawls 52000 dr, salaries expenses 86000 dr, travelling expense debit credit items: accumulated depericiation 21600$ cr, accounts payable 4200$ cr, unearned performance revenue 12400$ credit, jim dailey , capital 1,54,300$ cr, performance revenue 138000$ credit Enter the unadjusted trial balance onto a work sheet. 2. Using the following additional information, enter the adjustments into the work sheet. a. A review of the Unearned Performance Revenue account revealed a balance remaining of $9,225. b. Annual depreciation on musical equipment is $21,600. c. Accrued salaries as of December, 31 totaled $6,100. d. It was determined that $650 of the balance in the Office Supplies account had been used. 3. Complete the work sheet. 4. Using the answers you get from 3., you are required to prepare the income statement, statement of changes in owner’s equity and the balance sheet as it would appear on the December, 31 2020.