Completing the Accounting Cycle Hilton Company Hilton Company Income Statement For the Year Ended December 31, 2022 Hilton Company Statement of Retained Earnings For the Year Ended December 31, 2022 Current assets Cash Accounts receivable Cleaning supplies Total current assets Hilton Company Balance Sheet December 31, 2022 Assets O Property, plant, and equipment Cleaning equipment Less: Accumulated depreciation - cleaning equipment Total property, plant, and equipment Total assets Liabilities and Stockholders' Equity Financial Statements Unadjusted Trial Balance December 31, 2022 Cash Accounts Receivable Cleaning Supplies Cleaning Equipment Accumulated Depreciation Cleaning Equipment Accounts Payable Unearned Service Revenue $35,572 59,680 2,443 20,300 Revenue: $3,200 Service revenue 2,640 Expenses: 5,650 Depreciation expense: cleaning equipment Common Stock Retained Earnings 35,000 Salaries expense 60,805 Dividends Service Revenue Salaries Expense Cleaning Supplies Expense Total The following information is also available: a. b. C. d. e. Ending inventory of cleaning supplies, $ 525 Depreciation of cleaning equipment for the period, $ 640 Salaries accrued at the end of the period, $ 550 Service revenue still unearned at the end of the period, $ 2,150 Service revenue earned but not billed, $ 2,500 Retained earnings, January 1 Add: Net income Less: Dividends Retained earnings, December 31 5,000 Cleaning supplies expense 89,000 Total expenses 71,200 Net Income 2,100 $196,295 $196,295 Liabilities Accounts payable Unearned service revenue Salaries payable Total liabilities Stockholders' Equity Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $0 $0 $0 0 $0