1. Reen Lawns, Inc., performs adjusting entries every month, but closes its accounts only at year-end. The companys year-end adjusted trial balance dated December 31, 2015, was:

GREEN LAWNS, INC. Adjusted Trial Balance December 31, 2015
Cash	$	182,200
Accounts receivable		9,000
Supplies		600
Equipment		24,000
Accumulated depreciation: equipment			$	10,000
Accounts payable				3,000
Income taxes payable				7,000
Capital stock				50,000
Retained earnings				90,000
Dividends		4,000
Lawn care revenue earned				192,000
Salary expense		104,000
Supply expense		2,400
Advertising expense		600
Depreciation expense: equipment		2,000
Income taxes expense		23,600
	$	352,000	$	352,000

a-1.	Prepare an income statement for the year ended December 31, 2015.

a-2.	Prepare a statement of retained earnings for the year ended December 31, 2015.

a-3.	Prepare the company's balance sheet dated December 31, 2015. (Amounts to be deducted should be indicated by a minus sign.)