Directions: On the next page, you will find an adjusted trial balance for ABC Company, Inc. for the year ended December 31, 2018. Using the information contained within this adjusted trial balance, complete the following:

(1) Prepare a multiple-step income statement for the year ended December 31, 2018

(2) Prepare a statement of retained earnings for the year ended December 31, 2018.

(3) Prepare a classified balance sheet. The following are your check figures Net Income: $18,833.00 Total Assets: $120,268.00

Cash .......................................... 68,057

A/R - Alexs Engineering Co. .... 0

A/R - Wildcat Services ............. 2,800

A/R - Easy Leasing ................... 9,047

A/R - IMF Co. .......................... 5,220

A/R - Liu Corporation .............. 0

A/R - Gomez Co. ...................... 0

A/R - Delta Co. ......................... 0

A/R - KC, Inc............................ 5,800

A/R - Dream, Inc. ..................... 0

Merchandise inventory ................ 704

Computer supplies .................... 2,005

Prepaid insurance ...................... 1,110

Prepaid rent ............................... 825

Office equipment ...................... 8,000

Accumulated depreciation Office equipment 800

Computer equipment ................ 20,000

Accumulated depreciationComputer equipment 2,500

Accounts payable ...................... 0

Wages payable .......................... 875

Unearned computer services revenue 0

Common stock .......................... 98,000

Retained earnings ..................... 7,360

Dividends .................................. 4,800

Computer services revenue ............. 25,307

Sales .......................................... 19,240

Sales returns and allowances. ........ 500

Sales discounts .......................... 47

Cost of goods sold .................... 14,052

Depreciation expenseOffice equipment 400

Depreciation expenseComputer equipment 1,250

Wages expense ......................... 3,250

Insurance expense ..................... 555

Rent expense ............................. 2,475

Computer supplies expense ................ 1,305

Advertising expense ................. 600

Mileage expense ....................... 320

Miscellaneous expenses .............. 0

Repairs expenseComputer ........... 960

Totals ........................................ 154,082 154,082