pter 4: Homework Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $640 were declared at the end of the year, and 500 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.000 in cash (for a total at the end of the year of 840 shares). These effects are included below. erences Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,670 Accounts receivable 2,370 Interest receivable 230 Prepaid insurance 1,770 Long-term notes receivable 2,870 Equipment 16,7ee Accumulated depreciation $ 2,899 Accounts payable 2.279 Dividends payable 64e Accrued expenses payable 3,79e Income taxes payable 2,690 Unearned rent revenue 430 Common Stock (840 shares) 84 Additional paid-in capital 3,496 Retained earnings 4,830 Sales revenue 37,550 Interest revenue 12e Rent revenue 690 Wages expense 18,50e Depreciation expense 1,730 Utilities expense 410 Insurance expense 700 Rent expense 9,800 Income tax expense 2,730 Total $59,480 $ 59,480 Answer is complete Dul Hoc enurely correct. points 700 18,500 9,800 4101 CATENA'S MARKETING COMPANY Income Statement At the end of current year Operating revenues: Sales revenue $ 59,480 Total operating revenues 59,480 Operating expenses: Insurance expense Wages expense Rent expense Utilities expense Income tax expense Ind 2,730 Deprecie Depreciation expense 1,730 Total operating expenses 33,870 Operating income Operating 25,610 Other items: Advertising expense 0 Supplies expense 0% Accrued expenses payable Pretax income 25,610 Accrued expenses payable Net income 33,870 Earnings per share 0.00 0 % pter 4: Homework Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $640 were declared at the end of the year, and 500 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.000 in cash (for a total at the end of the year of 840 shares). These effects are included below. erences Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,670 Accounts receivable 2,370 Interest receivable 230 Prepaid insurance 1,770 Long-term notes receivable 2,870 Equipment 16,7ee Accumulated depreciation $ 2,899 Accounts payable 2.279 Dividends payable 64e Accrued expenses payable 3,79e Income taxes payable 2,690 Unearned rent revenue 430 Common Stock (840 shares) 84 Additional paid-in capital 3,496 Retained earnings 4,830 Sales revenue 37,550 Interest revenue 12e Rent revenue 690 Wages expense 18,50e Depreciation expense 1,730 Utilities expense 410 Insurance expense 700 Rent expense 9,800 Income tax expense 2,730 Total $59,480 $ 59,480 Answer is complete Dul Hoc enurely correct. points 700 18,500 9,800 4101 CATENA'S MARKETING COMPANY Income Statement At the end of current year Operating revenues: Sales revenue $ 59,480 Total operating revenues 59,480 Operating expenses: Insurance expense Wages expense Rent expense Utilities expense Income tax expense Ind 2,730 Deprecie Depreciation expense 1,730 Total operating expenses 33,870 Operating income Operating 25,610 Other items: Advertising expense 0 Supplies expense 0% Accrued expenses payable Pretax income 25,610 Accrued expenses payable Net income 33,870 Earnings per share 0.00 0 %