Calculate total revenue, expenses and net income.

Calculate total assets, total liabilities and equity.

Talbridge Inc. had the following account balances at December 31, 2021: Account Name Amount Repairs expense $1,125 Wages expense 21,350 Prepaid expenses 1,400 Dividends 3,500 Purchase of intangibles 1,360 Cash (end of year) 36,385 Deferred revenue 1,500 Owner's capital 12,000 Accounts payable 12,810 Prepaid rent 9001 Collections from customers 28,350 expense 2,100 Contributions by owners 2.500 Accounts receivable 17,155 Cash (beginning of year) 16,890 Retained earnings (beginning of year) 8,575 Interest expense 900 Business licence 601 Payment of dividends 3,500 Website design 1,300 Service revenue 47,560 Cash received from debt 12,500 Income tax expense 4,450 Office supplies 2.550 Office supplies expense 1,845 Payments to suppliers 18,995 Bank loan payable, due in 2025 12,500 Website expense 5001 Income tax payable 575 Using the above information create the following: income statement, statement of retained earnings, balance sheet and the statement of cash flows. Then use the information to answer the following questions. Talbridge Inc. had the following account balances at December 31, 2021: Account Name Amount Repairs expense $1,125 Wages expense 21,350 Prepaid expenses 1,400 Dividends 3,500 Purchase of intangibles 1,360 Cash (end of year) 36,385 Deferred revenue 1,500 Owner's capital 12,000 Accounts payable 12,810 Prepaid rent 9001 Collections from customers 28,350 expense 2,100 Contributions by owners 2.500 Accounts receivable 17,155 Cash (beginning of year) 16,890 Retained earnings (beginning of year) 8,575 Interest expense 900 Business licence 601 Payment of dividends 3,500 Website design 1,300 Service revenue 47,560 Cash received from debt 12,500 Income tax expense 4,450 Office supplies 2.550 Office supplies expense 1,845 Payments to suppliers 18,995 Bank loan payable, due in 2025 12,500 Website expense 5001 Income tax payable 575 Using the above information create the following: income statement, statement of retained earnings, balance sheet and the statement of cash flows. Then use the information to answer the following questions