This information relates to Molina Co. for the year 2014.

Retained earnings, January 1, 2014 $67,000 Advertising expense 1,800 Dividends 6,000 Rent expense 10,400 Service revenue 58,000 Utilities expense 2,400 Salaries and wages expense 30,000 Instructions After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2014.

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