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3 of 4 > These items are taken from the financial statements of Carla Vista Corporation for the year ended December 11, 201 Retained earnings

3 of 4 > These items are taken from the financial statements of Carla Vista Corporation for the year ended December 11, 201 Retained earnings January 1 $211,000 Cash 11,900 3.000 2000 Earpment 36.500 Accounts payable 17000 Buiding 67.000 Common shares 34.200 Dividend declared 3000 Service revenue 215900 2,000 2300 Land 175.000 Depreciation 1,700 14200 1700 $21,000 50 Question 3 of 4 Saliexpense 121.800 Accumulated depreciation-equipment 18.100 6000 Supplies 200 Operating expense 39,400 1,000 Bank loan payable, due 2024 1 13.500 Trading investments 19.500 Accumulated depreciation-building 17.500 Interest expe 1.500 interest revenue 500 Additional information I Carta Vista started the year with $28.000 of can shares and fund $6,200 murs during the 2 Carla Vistant pay $1.500 of the Bank inan payable mest year in 2022 -150 Question 3 of 4 > Prepare a statement of income for the year CARLA VISTA CORPORATION Statement of Income -150

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