At the end of its fiscal year, December 31, 2020, the following account balances were provided by Gamma Ltd.:

Accounts Payable: $1,800

Accounts Receivable: $1,600

Advertising Expense: $350

Cash: $2,500

Common Stock: $4,000

Equipment: $7,500

Insurance Expense: $120

Notes Payable: $3,000

Rent Expense: $900

Retained Earnings: $2,800

Salaries Expense: $1,800

Service Revenue: $15,000

Supplies Expense: $250

Wages Payable: $450

Required:

Prepare a Trial Balance at December 31, 2020.

Prepare an Income Statement for the year ended December 31, 2020.

Prepare a Statement of Retained Earnings for the year ended December 31, 2020.

Prepare a classified Balance Sheet at December 31, 2020.

Prepare a Cash Flow Statement for the year ended December 31, 2020.