I have calculated below income & balance sheet

Revenue

services rendered $5,780$

Total Incomes $5,780$

Expenses

Adverstising $700$

Dividends $200$

salary $+$utilities $1,960$

Total Exps $2,860$

Profit $2,920$

Balance sheet :

Liabilities Assets

Equity shares $20,000$ Cash $20,965$

Supplies $125$ Supplies $300$

Prepaid rent $1,500$

Retained earnings $2,920$ Trade receivable $280$

$-$

$-$

$23,04523,045$

Dividends is an expense but it should be in expense $?$ where as in your answer it is not showing in expense in income statment