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Riley, Incorporated reports the following amounts at the end of the year: Cash Buildings Accounts payable Interest expense Advertising expense $78,380 Service revenue 48,00 5laries

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Riley, Incorporated reports the following amounts at the end of the year: Cash Buildings Accounts payable Interest expense Advertising expense $78,380 Service revenue 48,00 5laries expense 9,200 Equipment 3,400 Supplies 11,200 Notes payable $98,989 53,800 71,000 3,400 50,000 In addition, the company had common stock of $78.000 at the beginning of the year and issued an additional $7500 during the year. The company also had retained earnings of $27.200 at the beginning of the year and paid dividends of $1,700 during the year. Prepare the income statement statement of stockholders' equity, and balance sheet a. Income statement RILEY, CORPORATED Income Statement For the year ended December 31 Revenues: Expenses 0 Total expenses $ 0 b. Statement of stockholders' equity. RILEY, INCORPORATED Statement of Stockholders' Equity For the year ended December 31 Common Retained Stock Earnings Balance at beginning of the year Total Stockholder Equity Balance at end of the year $ OS 0 $ 0 c. Classified balance sheet. RILEY, INCORPORATED Balance Sheet December 31 Liabilities Assets

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