The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies Cash flow from investing activities Prepaid insurance Service revenue Other operating expenses Supplies expense Insurance expense Beginning common stock Cash flow from operating activities Common stock issued Revenue BARKER COMPANY Income Statement For the Year Ended December 31, Year 2 $1,000 Beginning retained earnings (5,200) Cash flow from financing activities 1,200 Rent expense Required: Use the accounts and balances from Barker Company to construct an income statement. Total revenue Expenses 65,200 Dividends 41,000 Cash 1,100 Accounts receivable 2,100 Prepaid rent 40,000 Unearned revenue 15,600 Land 5,000 Accounts payable $ 9,300 (5,000) 2,500 3,000 48,000 14,200 4,800 6,400 24,000 17,000

The following accounts and balances were drawn from the records of Barker Company at December 31 , Year 2 Required: Use the accounts and balances from Barker Company to construct an income statement