Assume that the December transactions for Family Health Care are as follows:

1. Received cash of $1,900 from patients for services provided on account during November.
2. Provided services of $10,800 on account.
3. Received $6,500 for services provided for patients who paid cash.
4. Purchased supplies on account, $400. Received $6,900 from insurance companies that paid on patients accounts for services that had been previously billed.
5. Paid $310 on account for supplies that had been purchased.
6. Expenses paid during December were as follows: wages, $4,200, including $220 accrued at the end of November; rent, $800; utilities, $610; interest, $100; and miscellaneous, $520.
7. Paid dividends of $1,200 to stockholders (Dr. Landry).

Beginning Balances as of December 1 (ending balances for November):

Cash+ A/R + Prepd + Supp + Office - A/D + Land = Notes + A/P + Wages+Unearned+ Stock+R/E

Insurance Equip Payable Payable Revenue

7,730 2,650 7,300 90 8,500 -16 12,000 = 16,800 140 220 1,440 11,000 8,510

The adjustments for December are as follows:

1. Prepaid insurance expired, $1,100
2. Supplies used, $275.
3. Depreciation on office equipment, $160.
4. Unearned revenue earned, $360.
5. Wages owed employees but not paid, $340.
6. Services provided but not billed to insurance companies, $1,050.

Prepare an Income Statement, Statement of Retained Earnings, and Balance Sheet for the month of December.