Prepare Bisceglia's income statement, statement of retained earnings, and balance sheet for the year ending December 31, 20X5. The following information is all that is available. Be sure to prepare proper headings and dates on each financial statement.
		Capital stock				$41,000
		Wage expense				37,000
		Revenue				90,000
		Cash				9,000
		Utilities expense				6,000
		Beginning retained earnings				11,000
		Rent expense				10,000
		Accounts payable				4,000
		Equipment				80,000
		Dividends				5,000
		Accounts receivable				19,000
		Notes payable				20,000