Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Stark company has the following adjusted accounts and normal balances at its December 31 year-end. $ 27,000 Accumulated depreciation-Buildings 4,100 Accounts receivable Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Stark, Capital Services revenue 820 Utilities expense 9,500 Interest payable 2,000 Unearned revenue 42,000 Supplies expense 9,100 Buildings 3,400 Stark, Withdrawals 120,800 Depreciation expense-Buildings 100,000 Supplies Complete this question by entering your answers in the tabs below.. Expenses Income Statement of Statement Owners Equity Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Total expenses Exercise 3-17 (Algo) Preparing Financial Statements LO P5 Use the adjusted accounts for Stark Company to prepare the (1) income statement and (2) statement of owner's equity for the year ended December 31 and (3) balance sheet at December 31. The Stark, Capital account balance was $120,800 on December 31 of the prior year, and there were no owner investments in the current year. $ 31,000 7,200 2,900 740 Balance Sheet 1,600 ,600 520 200,000 11,000 10,000 1,600

Required information Use the following information for the Exercises below. (Algo) [The following informasion apples to the questions obspisyed betiow] Sark company has the following adjusted accounts ard normel balances at is December 31 yearend Exercise 3-17 (Algo) Preparing Financial Statements LO P5 Use the adjusted accouns for Stak Compary to prepare the (T) income statement and (a) statement of panecls ebuty sor the year pher yeac and there evere no ower investments in the current year. Complete this anestion br entering your anwers in the tabs below. Mepare the inceme stotement for the ver ended becemter 31