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2.Klein Interiors has the following account balances at the end of the year. Use only the appropriate accounts to prepare an income statement and a

2.Klein Interiors has the following account balances at the end of the year. Use only the appropriate accounts to prepare an income statement and a balance sheet. Note: All account balances are normal. Accounts Balances Equipment 78,000 Accounts Payable 12,000 Common Stock 20,000 Service Revenue 62,000 Cash 8,000 Retained Earnings ? Salaries Expense 38,000 Notes Payable 25,000

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