Homework 2-5 This is the following information for Dariko Co. for the year ended December 31,20X0. There were 100 shares of common stock issued on April 1, 20X0 and a dividend of $20,000 was paid on November 30, 20X0. Beginning Common Stock was $9,000 and beginning Retained Earnings was $87,000. Prepare the Financial Statements Advertising Expense $ 2,000 Cash 57,000 Rent Expense Retained Earnings 12,000 73,000 Common Stock (1,000 shares) 10,000 Sales 85,000 Cost of Sales 35,000 Tax Expense 5,000 Inventory 34,000 Utilities Expense 1,000 Note Payable, Long-term 20,000 Wage Expense 11,000 Interest Expense 4,000 Land 30,000 Accounts Payable 8,000 Wages Payable 1,000