prepare an financial and income statement and balance sheet using this information.

Accumulated Depreciation Common Stock 12,500 Service Revenue 20,000 Note Payable 5,000 Salaries Expense 10,000 Accounts Receivable 7000 Dividends 2,000 Unearned Revenue Retained Earnings 24.090 Supplies 2,000 Insurance Expense 1,500 Prepaid Insurance B,OOO Utilities Expense 4,000 Office Equipment 17,000 Accounts Payable 1,000 Cash 22,000 Instructions: Prepare Financial Statement