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 46,900 11,500 500 610 17,600 7,900 9,860 2,350 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 (5,000 shares outstanding) Additional paid-in capital Retained earnings Service revenue Wages expense Remaining expenses (not detailed; excludes income tax) Income tax expense Totals 13,000 1,916 17,244 4,700 89, 220 16,200 33, 160 136,330 136,330 Data not yet recorded at December 31 included: Sucation.com'ext/map/index.html?_con-congexternal_browserslaunchur https%253A%252F%252Fnewconnect.meducation.com gnment 4 Swed 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, 5610. c. Depreciation expense for the current year. $3,600 d. Wages earned by employees not yet paid on December 31. $660. e. Income tax expense. $5,480. 2-a. Prepare an income statement that include the effects of the preceding five transactions. (Round "Earnings per share" to 2 decimal places.) TUNSTALL, INC Income Statement 0 MacBook Pro Search or type URL A % & @ 4 2 5 6 3 8 O 7 9 CT Assignment 40 Save C Required information Earnings per share 2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions. (Amounts to be deducted should be Indicated by a minus sign.) TUNSTALL, INC Balance Sheet MacBook Pro 20 G Search or type URL R # 3 & 7 ( 9 1 0 2 4 5 6 8 E R W T Y Y U I OP H D G A J L S V M. V BN C N 2-b. Prepare a classified balance sheet that include the effects of the preceding five transactions. (Amounts to be deducted should be indicated by a minus sign.) TUNSTALL, INC Balance Sheet $ 0 0 $ 0 $ $ $ 0 0