10) Jeffery Company has just completed operations for the year ended December 31, 2016. This is the second year of operations for the company. The following data have been assembled for the business. $ 6,500 |Accounts Payable Accounts Receivable Cash Common Stock Dividends Equipment Insurance Expense $ 12,200 Office Expense 14,500 Rent Expense 8,200 Retained Earnings, Jan. 1, 2016 9,000 Salaries Expense 13,500 Service Revenue 15,000 Utilities Expense 4,000 9,600 8,300 36,000 84,000 6,200 Prepare the income statement. Use a proper heading. Prepare the statement of retained earnings. Use a proper heading. Prepare the balance sheet. Use a proper heading