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Prepare an income statement from the trial balance. 2013 Assets Cash on Hand Regular Checking Account Payroll Checking Account Savings Account Accounts Receivable Other Receivables

Prepare an income statement from the trial balance.

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2013 Assets Cash on Hand Regular Checking Account Payroll Checking Account Savings Account Accounts Receivable Other Receivables Allowance for Doubtful Accounts Inventory - Spotlight Res Prepaid Insurance Prepaid Rent Office Supplies Notes Receivable-Current Other Current Assets Land Buildings and Land Improvements Machinery, Equipment, Office Furniture Accum. Depreciation Investments Other Noncurrent Assets Total Assets: $1,987.28 $198,116.52 $3,044,958.13 $16,410,902.71 ($1,262,819.88) $18,825,205.24 ($3,012,000.00) $743,314.38 $200,000.00 $7,406.82 erve for Inventory Obsolescence $117,000.00 $623,905.92 $433,217.10 ($164,000.00) $572,691.08 $53,840.59 $36,793,725.89 Liabilities Accounts Payable Sales Tax Payable Wages Payable FICA Employee Withholding Medicare Withholding Federal Payroll Taxes Payable FUTA Tax Payable State Payroll Taxes Payable SUTA Tax Payable FICA Employer Withholding Medicare Employer Withholding Line of Credit Current Portion Long-Term Debt Other Current Liabilities Notes Payable-Noncurrent Common Stock Paid-in Capital Retained Earnings Sales Sales Returns Warranty Expense Income from Investments ($4,633,118.09) ($29,470.32) ($1,318.69) ($583.99) ($6,033.01) ($2,815.47) ($1,318.69) ($583.99) ($10,000,000.00) ($8,105,000.00) ($7,423,000.00) ($2,219,120.65) ($246,172,918.44) $4,497,583.20 $1,100,281.48

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