Green Valley Company prepared the following trial balance at the end of its first year of operations ending December $31.$ To simplify the case, the amounts given are in thousands of dollars.

$\backslash$table$[[$Account Titles,UNADJUSTED$],[$Debit$,$Credit$],[$Cash$,15,],[$Accounts receivable,$12,],[$Prepaid insurance,$7,],[$Machinery$,74,],[$Accumulated depreciation,,$],[$Accounts payable,,$8],[$Wages payable,,$],[$Income taxes payable,,$],[$Common stock shares$),,6],[$Additional paid$-$in capital,,$54],[$Retained earnings,$6,],[$Revenues $($not detailed$),,68],[$Expenses $($not detailed$),22.,],[$Totals$,136,136]]$

Other data not yet recorded at December $31$ include

a$.$ Insurance expired during the current year, $$4.$

b$.$ Wages payable, $$6.$

c$.$ Depreciation expense for the current year, $$8.$

d$.$ Income tax expense, $$9.$

Required:

Using the adjusted balances, prepare an income statement for the current year.

Using the adjusted balances, prepare statement of stockholders' equity for the current year. The balance in retained earnings represents dividends that were declared and paid in the current year.

Using the adjusted balances, prepare balance sheet for the current year.