Required information Use the following information for the Quick Studies below Algo The following information applies to the questions displayed below On December 31 Hawkin s records show the following accounts Cash Accounts Receivable Supplies Equipment Accounts Payable Common stock Retained earnings December 1 Dividends Services Revenue Wages Expense Rent Expense Utilities Expense QS 1 15 Algo Preparing an income statement LO P2 Revenues Use the above information to prepare a December income statement for Hawkin Expenses 8 100 1 000 2 400 14 900 HAWKIN Income Statement For Month Ended December 31 Total expenses 7 500 11 000 5 500 1 900 17 500 8 000 3 000 2 200