Majka Company was started on January $1,2016.$ During $2016,$ the company experienced

the following three accounting events: $(1)$ earned cash revenues of $$29,800,(2)$ paid

cash expenses of $$13,600,$ and $(3)$ paid a $$1,900$ cash dividend to its stockholders.

These were the only events that affected the company during $2016.$

Required

a$.$ Record the effects of each accounting event under the appropriate general ledger

account headings. $($Enter any decreases to account balances with a minus sign.$)$

b$.$ Prepare an income statement, statement of changes in stockholders' equity, and a

balance sheet dated December $31,2016,$ for Majka Company.