Analysis of the Impact of Adjustments on Financial Statements At the end of the first month of operations, the Bradley Company's accountant prepared financial statements that showed the following amounts:

Assets	$61,000
Liabilities	21,000
Stockholders' Equity	40,000
Net Income	10,000

In preparing the statements, the accountant overlooked the following items:

a. Depreciation for the month.	$1,100
b. Service revenue earned but unbilled at month-end.	1,600
c. Employee wages earned but unpaid at month-end.	350

Determine the correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month.

		Assets		Liabilities		Stockholders' Equity		Net Income
		Answer		Answer		Answer		Answer