Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 11, eee 2,5ee 500 1,500 400 10,000 7,500 1,800 10,000 14,800 20,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expense-Buildings Supplies $ 15,000 4, see 1,3ee 100 see 200 40,000 3,000 Prepare the (1) Income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $14.800 on December 31 of the prior year. Answer is not complete. Complete this question by entering your answers in the tabs below. Income Statement Statement of Retained Earnings Balance Sheet Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Services revenue Services revenue 20.000 IS 500 7,500 Expenses Interest expense Wages expense Insurance expense Utilities expense Supplies expense Depreciation expense-Buildings 1.800 OOOOO 1.300 200 2.000 Total expenses 13.300 S (33.300) Net income Answer is not complete. Complete this question by entering your answers in the tabs below. Statement of Income Retained Balance Sheet Statement Earnings Prepare the statement of retained earnings for the year ended December 31. The Retained Earnings account balance was $14,800 on December 31 of the prior year. STARK COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings. Dec. 31 prior year end Less: Net income $ 14.800 3,000 X 17.800 6.700 11.100 Less Dividends Retained earnings, Dec. 31 current year end $ Prepare the balance sheet at December 31. STARK COMPANY Balance Sheet December 31 Assets 2.500 Prepaid insurance Cash 10.000 4,000 800 25.000 $ 42.300 Accounts receivable Supplies Depreciation expense-Buildings X $ 40.000 Accumulated depreciation-Buildings 15.000 Total assets Liabilities Notes payable Accounts payable Wages payable interest payable Unearned revenue 11.000 1.500 400 100 800 Total liabilities 13.800 Equity Total equity Total liabilities and equity $ 13.800