Prepare the following statements:

1- Income Statement

2- Retained Earning Statement

3- Balance Sheet

Trial Balance Skolnick Co. was organized on April 1, 2017. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. Debit Credit Cash $ 6,700 Accumulated Depreciation- Accounts Receivable 600 Equipment $ 850 Prepaid Rent 900 Notes Payable 5,000 Supplies 1,000 Accounts Payable 1,510 Equipment 15,000 Salaries and Wages Payable 400 Dividends 600 Interest Payable 50 Salaries and Wages Expense 9,400 Unearned Rent Revenue 500 Rent Expense 1,500 Common Stock 14,000 Depreciation Expense 850 Service Revenue 14,200 Supplies Expense 200 Rent Revenue 800 Utilities Expense 510 Interest Expense 50 $37,310 $37,310