Homework: Chapter 1 HW Save Score: 0 of 1 pt 11 of 13 (2 complete) W Score: 15.38%, 2... E1-34 (book/static) Question Help The asset, liabilities, and equities of Damon Design Studio have the following balances at December 31, 2018. The retained earnings was $39,000 at the beginning of the year. At year end, common stock was $13,000 and dividends were $57,000. E (Click the icon to view the account balances.) Prepare the income statement for Damon Design Studio for the year ending December 31, 2018. Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Check Answer Homework: Chapter 1 HW Save Score: 0 of 1 pt 11 of 13 (2 complete) W Score: 15.38%, 2 ... E1-34 (book/static) s Question Help The asset, liabilities, and equities of Damon Design Studio have the following balances at December 31, 2018. The retained earnings was $39,000 at the beginning of the year. At year end, common stock was $13,000 and dividends were $57,000. (Click the icon to view the account balances.) Prepare the income statement for Damon Design Studio for the year ending December 31, 2018. Net Income Choose from any list or enter any number in the input fields and then click Check Answer. 2 All parts showing Clear All Check Answer in Design Studio have the following balances at December 31, 2018. The retained earnings was $39,000 at the beg were $57,000. ances. Data Table 14,000 $ Notes Payable Rent Expense Cash Office Supplies Salaries Expense Property Tax Expense 23,000 3,200 5,100 65,000 2,200 Office Furniture Utilities Expense Accounts Payable Service Revenue Accounts Receivable Miscellaneous Expense 48,400 7,200 3,600 154,600 9,300 ELE 3,800 STS Print Done 11 er in the input fields and then click Check