Cougar Corporation began operations on January 1, 2010. The following information is available for Cougar Corporation on December 31, 2010.

Prepare an income statement, a retained earnings statement, and a balance sheet for CougarCorporation.

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Accounts payable Accounts receivable Advertising expense Cash Common stock Dividends Equipment 5,000 3,000 2,000 3,100 15,000 2,500 27,800 Notes payable Rent expense Retained earnings Service revenue Supplies Supplies expense 7,000 10,000 25,000 1,900 1,700