From the following Company A adjusted trial balance, prepare simple financial statements, as follows:
A. Income Statement
B. Retained Earnings Statement
C. Balance Sheet

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Adjusted Trial Balance Debit Cash Accounts receivable Prepaid insurance Accounts payable Salaries payable Common stock Service revenue Administrative expenses $ 42,000 11,300 14,800 42,800 110,900 Credit $ 10,900 14,000 25,000 61,000 110,900