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Income Statement and Balance Sheet The following information for Rogers Enterprises is available at December 31, 2019, and includes all of Rogers' financial statement amounts

Income Statement and Balance Sheet

The following information for Rogers Enterprises is available at December 31, 2019, and includes all of Rogers' financial statement amounts except retained earnings:

Accounts receivable $72,920
Cash 13,240
Common stock (10,000 shares) 71,100
Income taxes expense 13,200
Income taxes payable 4,150
Interest expense 16,300
Notes payable (due in 10 years) 25,000
Prepaid rent (building) 31,500
Property, plant, and equipment 90,000
Rent expense 135,000
Retained earnings ?
Salaries expense 235,200
Salaries payable 14,530
Service revenue 464,000
Supplies 41,800
Supplies expense 32,400

Required:

Prepare a single-step income statement for the year ending December 31, 2019, for Rogers.

Rogers Enterprises
Income Statement
For the Year Ended December 31, 2019
Revenues:
$
Expenses:
$
Net income $

Prepare a classified balance sheet for the year ending December 31, 2019, for Rogers.

Rogers Enterprises
Balance Sheet
December 31, 2019
Assets
Current assets:
$
Total current assets $
Total assets $
Liabilities
Current liabilities:
$
Total current liabilities $
Long-term liabilities:
Total liabilities $
Stockholders' Equity
Stockholders' equity:
$
Total stockholders' equity
Total liabilities and stockholders' equity $

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