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 $ 19,000 Accumulated depreciation-Buildings 3,300 Accounts receivable 660 Utilities expense 5,500 Interest payable 1,200 Unearned revenue 26,000 Supplies expense 8,300 Buildings 2,600 Dividends 16,400 Depreciation expense-Buildings 56,400 Supplies 60,000 $ 23,000 5,600 2,100 420 1,200 360 120,000 7,000 6,000 1,200 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 $56,400 on December 31 of the prior year. Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses Prepare the statement of retained earnings for the year ended December 31. The Retained Earnings account balance was $56,400 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 Retained earnings, Dec. 31 current year end Prepare the balance sheet at December 31. Ch 3 Homework STARK COMPANY Balance Sheet December 31 Assets Total assets Liabilities Total liabilities Equity Total equity Total liabilities and equity