Rectifier Consulting is a consulting firm owned and operated by Adam Beauchamp. The following end-of-period spreadsheet (work sheet) was prepared for the year ended June 30,2008

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A B C D E F Rectifier Consulting GH End-of-Period Spreadsheet (Work Sheet) For the Year Ended June 30, 2008 K Unadjusted Trial Adjusted Trial Balance Adjustments Balance Income Statement Balance Sheet Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. 1 Cash 8,000 8,000 8,000 2 Accounts Receivable 15,500 15,500 15,500 3 Supplies 2,500 (a) 1,850. 650 650 4 Office Equipment 24,500 24,500 24,500 5 Accumulated Depreciation 4,500 (b) 900 6 Accounts Payable 3,300 5,400 3,300 7 Salaries Payable (c) 400 400 5,400 5 3,300 6 400 7 8 Capital Stock 5,000 5.000 5,000 8 9 Retained Earnings 20,200 20.200 20,200 9 10 Dividends 2,000 2,000 2,000 10 11 Fees Earned 51,750 51,750 51,750 11 12 Salary Expense 30,750 (c) 400 31,150 31,150 12 13 Supplies Expense (a) 1.860 1,850 1,850 13 14 Depreciation Expense (b) 900 900 900 14 15 Miscellaneous Expense 1,500 1,500 1,500 15 16 84,750 84.750 3,150 3,150 86,050 86.050 35,400 51,750 50,650 34,300 16 17 Net income 16,350 16,350 17 18 51,750 51,750 50,650 50,650 18 Based upon the preceding spreadsheet, prepare an income statement, retained earnings statement, and balance sheet for Rectifier Consulting.