Rae Services, Inc. provides healthcare diagnostics for patients with autoimmune diseases. At the end of their first year of operations, Rae Services account balances are shown in the adjusted trial balance shown below: a$)$ Prepare an Income Statement

b$)$ Prepare a Statement of Retained Earnings b$)$ Prepare a Statement of Retained Earnings

c$)$ Prepare a Balance Sheet c$)$ Prepare a Balance Sheet

Rae Services, Inc.

Balance Sheet

December $31,2012$

$\backslash$table$[[\backslash$table$[[$Rae Services, Inc.$],[$Adjusted Trial Balance$],[$December $31,2012]],,],[$Cash$,172,000,],[$Accounts Receivable,$143,000,],[$Supplies$,4,700,],[$Prepaid Insurance,$2,300,],[$Equipment$,86,200,],[$Accumulated Depreciation $-$ Equipment,,$3,800],[$Accounts Payable,,$67,000],[$Common Stock,,$245,000],[$Retained Earnings,$65,000,],[$Dividends$,2,500,],[$Service Revenue,$3,800,],[$Advertising Expense,$1,000,],[$Depreciation Expense $-$ Equipment,$9,900,],[$Insurance Expense,$166,000,],[$Rent Expense,$1,455,],[$Salaries Expense,$3,336,],[$Supplies Expense,,$],[$Utilities Expense,$661,191,661,191],[,,]]$