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Exercise 1-4 This information relates to Alexis Co. for the year 2012. Retained earnings, January 1, 2012 $91,147 Advertising expense 2,449 Dividends paid during 2012

Exercise 1-4 This information relates to Alexis Co. for the year 2012. Retained earnings, January 1, 2012 $91,147 Advertising expense 2,449 Dividends paid during 2012 8,162 Rent expense 14,148 Service revenue 78,903 Utilities expense 3,265 Salaries and wages expense 40,812 (a1) After analyzing the data, prepare an income statement for the year ending December 31, 2012. ALEXIS CO. Income Statement For the Year Ended December 31, 2012 DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues $ DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues $ Dividends Expenses Net Income / (Loss) Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues $

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