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Income statement, stockholders' equity, and balance sheet. QUESTION 44 Please prepare the multi-step income statement, the statement of stockholders' equity and the classified balance sheet

Income statement, stockholders' equity, and balance sheet.

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QUESTION 44 Please prepare the multi-step income statement, the statement of stockholders' equity and the classified balance sheet and answer the fill-in-the-blanks questions Accounts Payable Equipment Supplies Rent Expense Sales Revenue Accumulated Depreciation Buildings Salaries Expenses $28,000 $220,000 $36,000 $12,000 $545,000 $20,000 $65,000 $25,000 Accounts Receivable Cost of Goods Sold Notes Payable (Due in 2years) Interest Expense Sales Discount Depreciation Expense Income Tax Expense Cash $150,000 $400,000 $40,000 $6,000 $45,000 $10,000 $8,000 $12,000 In addition, the company has common stock of $250,000 at the beginning of the year and issued additional shares for S50,000. The company also had retained earinings of $60,000 at the beginning of the year and paid dividend of $4,000 during the year. Operating Income Net Income Ending bal Ending balance of retained ear Ending total stockholders' equity Total current assets Total long-term assets Total assets Total liabilities Total liabilities and stockholders' equity lance of common stock nings

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