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On December 31, The Company reports the following information. Service revenue Postare expense Supplies expense Stock issued Common stock, beginning $800,000 Rent expense 20,000 Legal

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On December 31, The Company reports the following information. Service revenue Postare expense Supplies expense Stock issued Common stock, beginning $800,000 Rent expense 20,000 Legal fees expense 13,000 Salaries expense 50,000 Dividends 300,000 Retained earnings beginning $42,000 125,000 480,000 70,000 450,000 1. Total expenses: 2. Net income: 3. Common stock, ending: 4. Retained earnings, ending: 5. Total Stockholders' Equity: S S S S

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