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Required information (The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented

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Required information (The following information applies to the questions displayed below.) The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Credit Debit $ 10,100 131,000 4,100 20,500 210,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense $ 116,000 10,100 9,100 3,100 21,000 110,000 41,000 310,000 210,000 10,500 21,000 3,100 Totals $620,300 $620,300 Required: 1. Prepare an income statement for the year ended December 31, 2018. FIGHTIN' BLUE HENS CORPORATION Income Statement For the Year Ended December 31, 2018 Expenses: Total expenses 0 2. Prepare a statement of stockholders' equity for the year ended December 31, 2018, assuming no common stock was issued during 2018. FIGHTIN' BLUE HENS CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2018 Common Stock Retained Earnings Total Stockholders' Equity Balance at January 1 Less: Dividends Balance at December 31 3. Prepare a classified balance sheet as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2018 Assets Liabilities Total current assets 0 Total current liabilities 0 0 Total long-term liabilities Stockholders' Equity Total long-term assets 0 0 Total stockholders' equity 0 Total liabilities and stockholders' equity Total assets $ 0

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