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Please answer the following!!! 1. Sunland Company began operations on January 1, 2022. The following information is available for Sunland on December 31, 2022. Accounts

Please answer the following!!!

1.

Sunland Company began operations on January 1, 2022. The following information is available for Sunland on December 31, 2022.

Accounts payable

$ 6,200

Notes payable

$ 10,800

Accounts receivable

3,900

Rent expense

11,900

Advertising expense

4,270

Retained earnings

?

Cash

5,000

Service revenue

29,500

Common stock

16,900

Supplies

3,800

Dividends

4,400

Supplies expense

1,430

Equipment

28,700

(a) prepare an income statement for sunland company

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