Compute net income and Prepare a statement of stockholders equity. Only compute the net income no need to prepare the income statement.

Problem 1 On September 1, 2020, Fast Track, Inc. was started to provide consulting services. On September 30, 2020, the accounting records contained the following amounts: These are balances in the account names after all adjusting entries are made. Accounts payable $3,800 Building $1,900 Accounts receivable 2,200 Equipment 25,000 Land 1500 supplies 1,750 Cash 10,000 supplies expense 600 Consulting fees revenue 19,200 Prepaid Rent expense 2,400 Contributed capital 30,000 (Utility expense 250 Salary expense 500 Advertising expense 6,900 Required: Using the balances in the account names given above, draw an adjusted trial balance. Make sure debits equal credits