Income Statement, Statement of Stockholders' Equity, and Balance Sheet Viva Travel Service reported assets, Rabilities, revenues and expenses for September 30, 2016 below. As of October 1, 2015, the beginning of the current year, Viva Trave Service reported retained earnings as $52,300, and common stock as $7,500. During the current year, dividends in the amount of $25,600 were paid Accounts payable $18,350 Accounts receivable 113,248 Cash 198,322 Common stock 15,000 Fees earned 688,100 Miscellaneous expense 5,490 91,520 > Rent expense Supplies 8,540 Supplies expense 14,640 Utilities expense 54,910 261,480 Wages expense Instructions: 1. Prepare an income statement for the current year ended September 30, 2016