12 ok ences Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Stark company has the following adjusted accounts with normal balances at its December 31 year-end. Notes payable Prepaid insurance Interest expense Accounts payable Wagen payable, Cash $ 16,000 Accumulated depreciation-Buildings 3,000 Accounts receivable 600 Utilities expense 4,000 Interest payable 900 Unearned revenue $ 20,000 5,000 1,800 300 1,050 300 8,000 Buildings 90,000 2,300 Dividends 5,500 Services revenue 15,000 Depreciation expense-Buildings 45,000 Supplies 4,500 1,050 Retained earnings 39,800 Wages expense Insurance expense Common stock 20,000 Supplies expense Exercise 3-17 (Algo) Preparing Financial Statements LO P5 Use the adjusted accounts for Stark Company to prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $39,800 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement Statement of Retained Balance Sheet Earnings Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses