The adjusted trial balance of Anderson Cooper Co. as of December 31, 2020, contains the following. ANDERSON COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Credit Cash Accounts Receivable Prepaid Rent Equipment $19,472 6,920 2,280 18,050 Accumulated Depreciation-Equipment $4,895 Notes Payable 5,700 Accounts Payable 5,472 Common Stock 20,000 Retained Earnings 11,310 Dividends 3,000 Service Revenue 11,590 Salaries and Wages Expense 6,840 Rent Expense 2,260 Depreciation Expense 145 Interest Expense 83 Interest Payable 83 $59,050 $59,050 Your answer is correct. Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues Service Revenue Expenses Salaries and Wages Expense Rent Expense Depreciation Expense Interest Expense Total Expenses Net Income/(Loss) ANDERSON COOPER CO. Income Statement For the Year Ended December 31, 2020 +A 6840 2260 145 i 83 +A +A 11590 9328 i 2262 Prepare a statement of retained earnings. (List items that increase retained earnings first.) ANDERSON COOPER CO. Statement of Retained Earnings +A +A