Simplex Corporation provides the following information at the end of 2015.

Salaries payable to workers at the end of the year ................ $ 3,500

Advertising expense for the year ........................ 8,700

Building that has been purchased ..........................70,000

Supplies at the end of the year .............................. 7,500

Retained earnings .................................................38,000

Utilities expense for the year .............................. 4,200

Note payable to the bank .....................................21,500

Service revenue earned during the year ................................67,800

Salary expense for the year ...................................................24,200

Accounts payable to suppliers .................................................. 6,700

Dividends paid to shareholder during the year ...................... ?

Common stock that has been issued, including $8,000 that was issued this year .....30,000

Cash remaining ....................................................................... 5,500

Interest expense for the year .................................................. 1,800

Accounts receivable from customers ..............................................16,700

Required:

Prepare the income statement, statement of stockholders’ equity, and balance sheet for Simplex Corporation on December 31, 2015. The balance of retained earnings at the beginning of the year equals $24,500.