Debit Credit

Cash	$157,100
accounts receivable	52,000
interest receivable	21,400
notes receivable (due in 90 days)	171,500
office supplies	16,000
automobiles	173,000
accumulated depreciation-automobile		$85,000
equipment	138,000
accumulated depreciation-equipment		25,000
land	85,000
accounts payable		96,000
interest payable		40,000
salaries payable		17,000
unearned fees		30,000
long term notes payable		154,000
common stock		25,580
retained earnings		230,220
dividends	45,000
fees earned		554,000
interest earned		36,000
interest earned	27,000
depreciation expense-automobiles	18,500
depreciation expense-equipment	183,000
salaries expense	45,000
wages expense	34,000
interest expense	35,600
office supplies expense	64,500
advertising expense	26,200
repairs expense-automobiles

totals

$1,292,800

$1,292,800

Requried

1 A_ prepare the income statement for the year ended December 31,2017?

2.B- prepare the statement of retained earnings for the year ended December 31,2017?

3. C- prepare Chiara company's balance sheet as of December 31,2017?