Marsh Corporation began operations on January 1, 2014. The following information is available for Marsh Corporation on December 31, 2014.

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

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Accounts payable Accounts receivable Advertising expense Cash Common stock Dividends Equipment 5,000 2,000 4,000 3,100 15,000 2,500 26,800 Notes payable Rent expense Retained earnings Service revenue Supplies Supplies expense $7,000 10,000 25,000 1,900 1,700