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, Below is the trial balance report of Cody Rookie, Inc for the year ended December 31. Prepare an income ement, statement of retained earnings,

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, Below is the trial balance report of Cody Rookie, Inc for the year ended December 31. Prepare an income ement, statement of retained earnings, and a balance sheet for the company. Make sure you statements are in good form and include all headings, subtotals, etc. Assume that Cody er than $25,000 but less investments in the company during the year. (Checks: Ending retained earnings is greater than $27,000 and total assets per the balance sheet should be $27,475), (8 points) financial t Cody made no additional CODY ROOKIE, INC Trial Balance December 31 Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings Dividends Revenue earned Insurance expense Rent expense $7,500 475 2,000 11500 $A5 $745 1,000 20,155 36,000 70,000 3,425 5,000 20.000_ Wages expense Totals 91.900 $91,900

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