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The adjusted trial balance of Anthony Cooper Co. as of December 31, 2020, contains the following. Credit ANTHONY COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31,

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The adjusted trial balance of Anthony Cooper Co. as of December 31, 2020, contains the following. Credit ANTHONY COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Cash $20,672 Accounts Receivable 8,120 Prepaid Rent 3,480 Equipment 19,250 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends 4.200 Service Revenue Salaries and Wages Expense 8,040 Rent Expense 2,170 Depreciation Expense 235 Interest Expense 173 Interest Payable $66,340 $6,095 6,900 6,672 21,200 12,510 12,790 173 $66,340 Prepare an Income statement. (Enter loss using either a negative sign preceding the number es. - 45 or parentheses es (45).) ANTHONY COOPER CO. Income statement For the Year Ended December 31, 2020 Revenues 12790 Service Revenue Expenses 3040 Salaries and Wages Expense 2170 i Rent Expense Depreciation Expense 235 173 1 Interest Expense 10618 Total Expenses 2172 Net Income/tLoss Prepare a statement of retained earnings. (List items that increase retained earnings first.) ANTHONY COOPER CO. Statement of Retained Earnings For the Year Ended December 31, 2020 12510 Retained Earnings, January 1 Add V: Net Income /(Loss) 2172 14682 Less Dividends -4.200 Retained Earnings December 31 10482 ANTHONY COOPER CO. Balance Sheet Assets $ > Liabilities and Stockholders' Equity $

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