The records of Geyer, Inc., show the following information after all transactions are recorded for 2018.

Geyer, Inc., raised $1,400 cash through the issuance of additional common stock during this year and it declared and paid a $13,500 cash dividend near year-end.

REQUIRED:

a. Prepare its income statement for 2018.

b. Prepare its statement of stockholders' equity for 2018.

c. Prepare its balance sheet at December 31, 2018.

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Notes payable. .. Service fees earned $ 4,000 67.600 Supplies .. Cash $ 6,100 . R 14,800 Advertising expense Salaries expense Rent expense. Retained earnings (beg. year) Supplies expense.. 9,700 1,700 30,000 Insurance expense. 1,500 Miscellaneous expense 200 7,500 6,200 ... Common stook (beg. year). Accounts payable... 4,000 1,800