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Financial Statements Dust, Sweep, Repeat Services, Inc, began its operations on January 1, 20Y7, The following amounts were taken from the accounting records as of

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Financial Statements Dust, Sweep, Repeat Services, Inc, began its operations on January 1, 20Y7, The following amounts were taken from the accounting records as of December 31 , 20Y7. After its second year of operations, the following amounts were taken from the accounting records of Dust, Siveep, Repeat Services, Incur as of December 31,20 Y 8. Instructions: 1. Prepare an income statement for the year ended December 31,20V8. 2. Prepare a statement of stockholders' equity for the year ended December 31,20 Y 8 . Note: The retained earnings at January 1, 20Y8, was $24,000. If your answer is zero enter "0". 3. Prepare a balance sheet as of December 31,20V8. Dust, Sweep, Repeat Services, Inc

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