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The accounts of Mulberry Digital Services Company prior to the year-end adjustments follow: (Click the icon to view the selected accounts and balances.) (Click the

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The accounts of Mulberry Digital Services Company prior to the year-end adjustments follow: (Click the icon to view the selected accounts and balances.) (Click the icon to view the adjustment data.) (Click the icon to view the list of information requested.) Requirement 1. Without opening any accounts, making any journal entries, or using a work sheet, provide Hodge with the requested information. The business is not subject to income tax. a. Calculate net income for the year covered by these data. Data table The accounts of Mulberry Digital Services Company prior to the yea (Click the icon to view the selected accounts and balances.) i. (Click the icon to view the adiustment data.) i (Click the ico More info Adjusting data at the end of the year include the following: a. Unearned service revenue that has been earned, $1,650 b. Accrued service revenue, $32,800 c. Supplies used in operations, $3,400 d. Accrued salary expense, $3,600 e. Prepaid insurance expired, $1,200 f. Depreciation expense-building, $2,600 More info Alison Hodge, the principal stockholder, has received an offer to sell Mulberry Digital Services Company. She needs to know the following information: a. Net income for the year covered by these data b. Total assets c. Total liabilities d. Total stockholders' equity e. Proof that Total assets = Total liabilities + Total stockholders' equity after all items are updated

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