P4. The following information is the adjusted trial balance of Tiger Consulting Inc. for the year ending on 12/31/2022.

Debit Credit

Cash $1,600

Accounts receivable 2,000

Inventory 3,000

Prepaid rent 200

Equipment 2,100

Accumulated depreciation-equipment 100

Accounts payable 200

Unearned service revenue 50

Common stock 2,000

Retained earnings 4,500

Dividend 500

Sales revenue 11,000

Rent revenue 1,000

Interest revenue 250

Costs of goods sold 7,900

Salaries and wages expense 700

Rent expense 600

Travel expense 500

Total $19,100 $19,100

Instructions: Prepare

1. Income statement for the year ended on 12/31/2022
2. Statement of retained earnings for the year ended on 12/31/2022 &
3. Balance sheet as of 12/31/2022.