prepare an income statement for december 2022 and a classified balance sheet at december 31,2022

ACR6 On December 1, 2022, Waylon Company had the account balances shown below. Credit $ 1,500 Debit Cash $ 4,800 Accumulated Depreciation-Equipment Accounts Payable Accounts Receivable 3,000 3.900 Inventory 1,800 Common Stock 10,000 Equipment Retained Earnings 21,000 17,000 $31,500 $31,500 (3,000 x $0.60)