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Week 1: Homework Question 6 of 6 - / 15 E Trademarks 0 a; Total Assets Liabilities and Stockholders' Equity 0 Current Liabilities 0 +1; 0 1V 0 +1; Question 6 of 6 Current Attempt in Progress These items are taken from the nancial statements of Oriole Company for 2022. Retained earnings (beginning of year) $33,280 Utilities expense 2,110 Equipment 63,800 Accounts payable 18,780 Cash 15,070 Salaries and wages payable 5,840 Common stock 22,500 Dividends 12,000 Supplies 2,800 Debt investment (long-term) 6,000 Trademarks 2,300 Service revenue 69,200 Prepaid insurance 6,340 Maintenance and repairs expense 1,690 Depreciation expense 3,490 Accounts receivable 15,970 Insurance expense 2,310 Salaries and wages expense 38,290 Accumulated depreciationequipment 22,570 Question 6 of6 - / 15 E Prepare an income statement for the year ended December 31,2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) ORIOLE COMPANY Income Statement For the Month Ended December 31, 2022 3 Revenues 6 Service Revenue $ Expenses 3 $ Total Expenses 3 Net Income / (Loss) 6 $ Question 6 of 6 _ / 15 ;: : Part 2 Prepare a retained earnings statement for the year ended December 31, 2022. (List items that increase retained earnings rst.) ORIOLE COMPANY Retained Earnings Statement For the Month Ended December 31, 2022 9 Retained Earnings, January 1,2022 3 $ Add 3 : Net Income/ (Loss) 3 Less 3 : Dividends 3 Retained Earnings, December 31, 2022 $ eTextbook and Media List of Accounts Save for Later Attempts: 0 of 15 used