1. The following revenue and expense account balances were taken from the Income Statement columns of the end-of-period spreadsheet for Fraser Services Co. for December 31: $4,950 2,900 1,200 Depreciation Expense Insurance Expense Miscellaneous Expense Rent Expense Service Revenue Supplies Expense Utilities Expense Wages Expense 24,000 92,500 3,150 5,000 63,750 Prepare an income statement. 2. The following data were taken from the Adjusted Trial Balance columns of the end-of-period spreadsheet for April 30 for Abigail Trucking: $42,600 83,400 28,000 Accounts Payable Accounts Receivable Accumulated Depreciation-Trucks Cash Common Stock Prepaid Insurance Prepaid Rent Retained Earnings Salaries Payable Trucks Supplies Unearned Fees 100,000 6,500 12,000 215,000 12,500 206,000 4,700 5,000 Prepare a classified balance sheet. 3. The following information is available from the records of LoopTech, Inc. On January 1, Commor Stock had a balance of $50,000, and Retained Earnings had a balance of $342,500. During the year, additional common stock was issued, and $25,000 of dividends were paid. For the year ended December 31, LoopTech reported a net loss of $38,700. Prepare a statement of stockholders' equity for the year ended December 31