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

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The adjusted trial balance of Michael Cooper Co. as of December 31, 2020, contains the following. Credit MICHAEL COOPER CO. ADJUSTED TRIAL BALANCE DECEMBER 31, 2020 Debit Cash $19,737 Accounts Receivable 7,185 Prepaid Rent 2,545 Equipment 18,315 Accumulated Depreciation-Equipment Notes Payable Accounts Payable Common Stock Retained Earnings Dividends 3,265 Service Revenue Salaries and Wages Expense 7,105 Rent Expense 2,238 Depreciation Expense 167 $5,160 5,965 5,737 20,265 11,575 11,855 105 Interest Expense Interest Payable 105 $60,662 $60,662 Prepare an income statement. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) MICHAEL COOPER CO. Income Statement $ $ $ Prepare a statement of retained earnings. (List items that increase retained earnings first.) MICHAEL COOPER CO. Statement of Retained Earnings $ V: TA Liabilities and Stockholders' Equity $ $ $ $ Prepare a classified balance sheet. (List current assets in order of liquidity.) MICHAEL COOPER CO. Balance Sheet Assets $ >

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