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Tunstall, Incorporated, a small service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end of the annual accounting period on December 31:

Tunstall, Incorporated
Unadjusted Trial Balance
At December 31
	Debit	Credit
Cash	47,900
Accounts receivable	11,600
Supplies	620
Prepaid insurance	710
Service trucks	16,200
Accumulated depreciation		9,100
Other assets	10,560
Accounts payable		2,380
Wages payable
Income taxes payable
Notes payable (3 years; 10% interest due each September 30)		11,000
Common stock (5,800 shares outstanding)		2,006
Additional paid-in capital		18,054
Retained earnings		5,500
Service revenue		88,960
Wages expense	16,200
Remaining expenses (not detailed; excludes income tax)	33,210
Income tax expense
Totals	137,000	137,000

Data not yet recorded at December 31 included:

The supplies count on December 31 reflected $240 in remaining supplies on hand to be used in the next year.

Insurance expired during the current year, $710.

Depreciation expense for the current year, $4,000.

Wages earned by employees not yet paid on December 31, $550.

Three months of interest expense (for the note payable borrowed on October 1 of the current year) was incurred in the current year.

Income tax expense, $5,680.

2-a. Prepare an income statement (with Operating Income and Other Items sections) that include the effects of the preceding six transactions.

2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions.

Requlred Informetion [The following information applies to the questions displayed below.] Tunstall, Incorporated, a small service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end of the annual accounting period on December 31 : Data not yet recorded at December 31 included: a. The supplies count on December 31 reflected $240 in remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $710. c. Depreciation expense for the current year, $4,000. d. Wages earned by employees not yet paid on December 31,$550. e. Three months of interest expense (for the note payable borrowed on October 1 of the current year) was incurred in the current year. f. Income tax expense, $5,680. 2-e. Prepare an income statement (with Operating Income and Other Items sections) that include the effects of the preceding six transactions. 2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions. Complete this question by entering your answers in the tabs below. Prepare an income statement (with Operating Income and Other Items sections) that include the effects of the preceding six transactions. Note: Round "Earnings per share" to 2 decimal places. Complete this question by entering your answers in the tabs below. Prepare a classified balance sheet that include the effects of the preceding six transactions. Note: Amounts to be deducted should be indicated by a minus sign