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Required information [The following information applies to the questions displayed below! Stark company has the following adjusted accounts and balances at its December 31 year-end.

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Required information [The following information applies to the questions displayed below! Stark company has the following adjusted accounts and balances at its December 31 year-end. Notes payable Prepaid insurance Interest expense Accounts payable kages payable Cash wages expense Insurance expense Common stock Retained earnings Services revenue $ 27,000 6,400 2,500 580 1,480 $ 23,000 3,700 740 7,500 1,600 34,000 8,700 3,000 19,600 77,200 80,000 Accumulated depreciation buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings olvidonds Depreciation expenseuildings Supplies 440 160,000 9.00 8,000 1,400 Use the table of adjusted trial balance accounts for Stark Company to prepare the (1) Income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $77,200 on December 31 of the prior year. Income Statement Statement of Retained Balance Sheet Earnings Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses 0 $ 0 ca. Income Statement Statement of Retained Earnings Balance Sheet Prepare the statement of retained earnings for the year ended Decemb $77,200 on December 31 of the prior year. STARK COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, Dec. 31 prior year end 0 Retained earnings, Dec. 31 current year end $ 0 STARK COMPANY Balance Sheet December 31 Assets 0 Total assets $ 0 Liabilities Total liabilities 0 Equity Total equity Total liabilities and equity 0 0 $

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