The following account balances are taken from the records of Theta Enterprises at December 31, 2030:

• Service Revenue: $90,000
• Rent Expense: $10,000
• Salaries Expense: $35,000
• Office Supplies Expense: $2,000
• Equipment: $30,000
• Accounts Payable: $4,000
• Accounts Receivable: $10,000
• Cash: $22,000
• Notes Payable: $9,000
• Common Stock: $20,000

Requirements:

1. Prepare a Trial Balance as of December 31, 2030.
2. Prepare an Income Statement for the year ended December 31, 2030.
3. Prepare a Statement of Retained Earnings for the year ended December 31, 2030.
4. Prepare a Balance Sheet as of December 31, 2030.