From the following Company Y adjusted trial balance, prepare simple financial statements, as follows:

Adjusted Trial Balance
	Debit	Credit
Cash	$32,000
Accounts Receivable	18,300
Prepaid Insurance	6,400
Land	10,000
Accounts Payable		$10,900
Salaries Payable		8,000
Common Stock		32,000
Retained Earnings		5,200
Dividends	8,000
Service Revenue		71,000
Insurance Expense	5,600
Salaries Expense	24,000
Miscellaneous Expense	22,800
	$127,100	$127,100

A. Prepare an income statement for Company Y.

Company Y
Income Statement
For the Year Ended December 31, 20XX
Revenues:
		$fill in the blank 1d1ccb04705afa0_2
Expenses:
	$fill in the blank 1d1ccb04705afa0_4
	fill in the blank 1d1ccb04705afa0_6
	fill in the blank 1d1ccb04705afa0_8
Total Expenses		fill in the blank 1d1ccb04705afa0_9
		$fill in the blank 1d1ccb04705afa0_11

B. Prepare a statement of retained earnings for Company Y.

Company Y
Retained Earnings Statement
For the Year Ended December 31, 20XX
	$fill in the blank 4ad85f013f9e068_2
	fill in the blank 4ad85f013f9e068_4
	fill in the blank 4ad85f013f9e068_6
	$fill in the blank 4ad85f013f9e068_8

C. Prepare a balance sheet for Company Y.

Company Y
Balance Sheet
December 31, 20XX
Assets
	$fill in the blank 0616c6fca034052_2
	fill in the blank 0616c6fca034052_4
	fill in the blank 0616c6fca034052_6
	fill in the blank 0616c6fca034052_8
Total Assets		$fill in the blank 0616c6fca034052_9
Liabilities
	$fill in the blank 0616c6fca034052_11
	fill in the blank 0616c6fca034052_13
Total Liabilities		$fill in the blank 0616c6fca034052_14
Equity
	$fill in the blank 0616c6fca034052_16
	fill in the blank 0616c6fca034052_18
Total Equity		fill in the blank 0616c6fca034052_19
Total Liabilities and Equity		$fill in the blank 0616c6fca034052_20