The assets, liabilities, and equities of Darling Design Studio have the following balances at December 31, 2018. The retained earnings was $37,000

at the beginning of the year. At year end, common stock was $16,000 and dividends were $52,000.

The assets. liabilities, and equities of Darling Design Studio have the following balances at December 31, 2018. The retained earnings was $37,000 at the beginning of the year. At year end, common stock was $10,000 and dividends were $52,000 Click the icon to view the account balances.) Click the icon to view the income stalement for the year.) (Click the icon to view the statement of retained earnings for the year ended December 31, 2018.) Reference Prepare the balance sheet for Darling Design Sludio as of December 31, 2018. (If a box is not used in the table leave the box emply do not select a label or enter a zero.) Assets Liabilities $ 153.800 Darling Design Studio Income Statement Year Ended December 31, 2018 Ravenues: Servion Ravenue Expenses: Salaries Expense $ 69,000 Rent Expense 25,000 Utilities Expanse 6,600 Miscellaneous Expense 4,500 1,300 Property Tax Expense Total Expenses Stockholders' Equity lui 106.400 47,400 $ Net Income Reference Print i Done Data Table $ S S 10.200 25,000 3,000 Notes Payable Rent Expense Cash Office Supplies Salaries Expense Property Tax Expense Office Furniture Utilities Expense Accounts Payable Service Revenue Accounts Receivable Miscellaneous Expense 46,100 6,600 3,800 153,800 6.900 Darling Design Studio Statement of Retained Earnings Year Ended December 31, 2018 Retained Eamings, January 1, 2018 Nat income for the year S 4,400 37,000 47,400 69,000 1,300 4,500 84,400 52,000) Dividende S Retained Eamings, December 31, 2018 32,400 Ch Print Done ? Print Done