Ok the whale of t Phence sheet of Beautful Amangements of December 31, 2024 a Ofic 11, 1034 Beautiful Arrangements.) )(Click on ments as of Dece Pata table 2014. THIS IS 01 third year of operations for the company. The following data have been assembled for the business: - X Insurance Expense $ eautiful Arrang Balance She December 31, Utilities Expense Service Revenue 3.500 72,000 1,300 Salaries Expense Accounts Payable $ 42.000 2,800 Office Supplies 2,300 Rent Expense 13,000 Dividends 4.100 Common Stock 8,000 Accounts Receivable 3.500 Accounts Cash 6.400 Equipment 12,000 Retained Eamings, January 1, 2024 5,300 Print Done k on t Dece rrange Revenues: Service Revenue Ce She Expenses: er 31, 2 Salaries Expense Ccounts Beautiful Arrangements Income Statement Year Ended December 31, 2024 Rent Expense Insurance Expense Utilities Expense Total Expenses Net Income Print Done $ 72,000 42,000 13,000 3,500 1,300 59,800 $ 12,200 Beautiful Arrangements Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 2024 $ 5,300 Net income for the year 12.200 17,500 Dividends (4,100) $ 13,400 Retained Earnings, December 31, 2024 S 1 Print Done G Search or type URL % 85 R 96 & 7 29 A 27 8 T Y U F G H J 6 K