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1 The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies 100 Cash flow from
1 The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies 100 Cash flow from investing activities points $1,000 Beginning retained earnings 1,200 Rent expense (5,280) Cash flow from financing activities: $9,300 (5,000) 2,500 65,200 Dividends 3,000 41,000 Cash 48,000 14,200 2,100 Prepaid rent 40,000 Unearned revenue 4,880 6,400 1,100 Accounts receivable Prepaid insurance Service revenue Other operating expenses Supplies expense Insurance expense Beginning common stock Cash flow from operating activities References Common stock issued Required: 15,600 Land 5,000 Accounts payable Use the accounts and balances from Barker Company to construct an income statement. BARKER COMPANY 24,000 17,000 come Statement For the Year Ended December 31, Year 2 Revenue Total Expenses Check my work
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