Problem 2-41A Identifying and arranging elements on financial statements LO 2-8 The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies Cash flow from investing act. Prepaid insurance Service revenue Other operating expenses Supplies expense Insurance expense Beginning common stock Cash flow from operating act. Common stock issued $ 1,000 Beginning retained earnings (5,200) Cash flow from financing act. 1,200 Rent expense 65,200 Dividends 41,000 Cash 1,100 Accounts receivable 2,100 Prepaid rent 40,000 Unearned revenue 15,600 Land 5,000 Accounts payable $ 9,300 (5,000) 2,500 3,000 48,000 14,200 4,800 6,400 24,000 17,000 Required Use the accounts and balances from Barker Company to construct an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows (show only totals for each activity on the statement of cash flows). Complete this question by entering your answers in the tabs below. Income Statement Stmt Of Changes Balance Sheet Statement of Cash Flows Use the accounts and balances from Barker Company to construct an income statement. Income Statement For the Year Ended December 31, Year 2 Revenue Total revenue Expenses Total expenses Complete this question by entering your answers in the tabs below. Income Statement Stmt Of Changes Balance Sheet Statement of Cash Flows Use the accounts and balances from Barker Company to construct statement of changes in stockholders' equity. BARKER COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 2 Beginning common stock Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity Income Statement Stmt Of Changes Balance Sheet Statement of Cash Flows Use the accounts and balances from Barker Company to construct balance sheet. Balance Sheet As of December 31, Year 2 Assets Total assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Stmt Of Changes Statement of Cash Flows > Income Statement Stmt Of Changes Balance Sheet Statement of Cash Flows Use the accounts and balances from Barker Company to construct statement of cash flows (show only totals for each activity on the statement of cash flows). (Amounts to be deducted and cash outflows sho BARKER COMPANY Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Net change in cash Ending cash balance