From the following Company A adjusted trial balance, prepare simple financial statements, as follo 1. Income Statement 2. Retained Earnings Statement 3. Balance Sheet Adjusted Trial Balance Debit Credit Cash $ 42,000 Accounts receivable 11,300 Prepaid insurance 14,800 Accounts payable Salaries payable Common stock Service revenue Administrative expenses $ 10,900 14,000 25,000 61,000 42,800 110,900 110,900 Company A Income Statement For the Year Ended December 31, 2019) Revenues Service Revenue Debit Credit $61,000 Expenses Administrative Expenses 56.800 Net Income $4,200 Company A Statement of Retained Earnings