3. Calculate the amount of common stock. CP 1-7 Required: A corporation has been in business for one month. From the financial information at January 31 shown below, complete an income statement, statement of changes in stockholders' equity, and balance sheet. Accounts receivable Accounts payable Cash Common stock Equipment Insurance expense Miscellaneous expense Office supplies expense Service revenue Wages expense Dividends $ 4,000 5,000 1,000 4,000 8,000 1,500 2,500 1,000 20,000 9,000 2,000 CHAPTER ONE/Introduction to Financial Accounting First US Edition CP 1-8 Pal x