Required Information [The following information applies to the questions displayed below.] Tunstall, Inc., 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, Inc. Unadjusted Trial Balance for the Year Ended December 31 Credit Debit 47,200 10.400 620 700 16,900 8,000 10.860 2.300 Cash Accounts receivable Supplies Prepaid insurance Service trucks Accumulated depreciation Other assets Accounts payable Wages payable Income taxes payable Notes payable, long-term Common stock (4.900 shares outstanding) Additional paid-in capital Retained earnings Service revenue Wages expense Pemaining expenses (not detailed: excludes income tax) Income tax expense Totals 12.000 1,856 16.704 5,300 90,060 16,200 33, 340 136.220 136,220 Data not yet recorded at December 31 Included: a. The supplies count on December 31 reflected $190 In remaining supplies on hand to be used in the next year. b. Insurance expired during the current year, $700. c. Depreciation expense for the current year, $4,000. d. Wages earned by employees not yet pald on December 31, $710. e. Income tax expense, $5,580. Answer is complete but not entirely correct. TUNS TALL, INC. Income Statement For the Current Year Ended December 31 Operating revenues Service revenue $ 90,060 Operating expenses Supplies expense Insurance expense Depreciation expense Wages expense Remaining expenses (not detailed) 430 700 4,000 710 33,340 Total expenses Operating income Income tax expense 39,180 50,880 X 5,580 Net income Earnings per share $ $ 45,300 X 9.06 X X Answer is not complete. TUNSTALL, INC. Balance Sheet $ 0 $ 0 0 $ $ 0 0 $ 0