Gould Corporation began operations on January 1, 2012. The following information is available for Gould Corporation on December 31, 2012.

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

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Accounts payable Accounts receivable Advertising expense Cash Common stock Dividends Equipment Notes payable Rent expense Retained earnings Service revenue Supplies Supplies expense $ 7,000 $ 5,000 10,000 4,000 3,100 25,000 15,000 1,900 26,800