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prepare an income statement of changes in stockholders equity S Accounts receivable Accumulated depreciation Cost of goods sold Income tax expense Cash Sales Equipment Selling

prepare an income statement of changes in stockholders equity
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S Accounts receivable Accumulated depreciation Cost of goods sold Income tax expense Cash Sales Equipment Selling general, and administrative expenses Common stock 8.700 shares) Accounts payable Retained w ings, 1/1/16 Interest expense Merchandise inventory Long-term debt Dividends declared and paid during 2016 101500 50.100 12 000 9000 52 500 195.000 123000 3 000 98000 10.500 28 800 5 5 40.000 9 200 Except as otherwise indicated, assume that all balance sheet items reflect account balances at December 31, 2016, and that all income statement items reflect activities that occurred during the year ended December 31, 2016. There were no changes in paid in capital during the year Required: a. Prepare an income statement and statement of changes in stockholders equity for the year anded December 31, 2010, and a balance sheet at December 31, 2016, for Brava, Inc Based on the financial statements that you have prepared for part a nswer the questions in parts be BREANNA, INC. Income Statement For the Year Ended December 31, 2016

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