Problem 2-02A

These items are taken from the financial statements of Cullumber Company for 2022.

Retained earnings (beginning of year) $32,480

Utilities expense 2,170

Equipment 64,300

Accounts payable 19,970

Cash 13,930

Salaries and wages payable 6,630

Common stock 22,900

Dividends 12,000

Supplies 4,000

Debt investment (long-term) 5,600

Trademarks 1,900

Service revenue 69,600

Prepaid insurance 7,130

Maintenance and repairs expense 1,630

Depreciation expense 3,140

Accounts receivable 15,880

Insurance expense 2,660

Salaries and wages expense 38,670

Accumulated depreciationequipment 21,430

Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) CULLUMBER COMPANY Income Statement SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a retained earnings statement for the year ended December 31, 2022. (List items that increase retained earnings first.) CULLUMBER COMPANY Retained Earnings Statement Prepare a classified balance sheet as of December 31, 2022. (List Current Assets in order of liquidity.) CULLUMBER COMPANY Balance Sheet Assets Liabilities and Stockholders' Equity CALCULATOR PRINTER VERSION 4 4 BACK NEXT TO Liabilities and Stockholders' Equity Click if you would like to show Work for this question: Open Show Work