On June 1, 2016, Jim's Company was started with a stockholder investment in the business of $52,000. Following are the assets and liabilities of the company on June 30 and the revenues and expenses for the month of June: Cash $ 18,000 Accounts Receivable 11,400 Service Revenue 16,400 Supplies 2,200 Salaries Expense 5,600 Equipment 30,000 Accounts Payable 6,400 Utilities Expense 4,200 Advertising Expense 1000 No additional investments were made in June, but the company paid cash dividends of $2,400 during the month. Using this information, prepare for the month ending June 30, 2016: 1. an income statement. 2. a retained earnings statement. 3. a balance sheet. (5 points)

Carson Compary Income Statement 2. On Jue 1, 2016, i' Copany was started with a stockholder investment in the business of $52,000. Following are the assets and libili of the copany Jue 30 and the revenues and expenses for the month of June: Cash Accounts Reccivable Savice Revenue Supplies Salaries Expense Equipment Accounts Payable Utilitias Expense Advertising Expense 18,000 11.400 16.400 2.200 5,600 30,000 6.400 4,200 1000 Carson Compary Retained Earnings Statement No additional imestments were made in June, but the company paid cash dividends of S2,400 during the moath. Using this infoumation, prepare for the month ending June 30, 2016: 1. an income statement 2. a retned eanings statement 3. a balnce sheet. (S points) Cason Conipany Balancc Shoct