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The following accounts and balances were drawn from the records of Barker Company at December 31, 2016: Supplies $ 1,000 Beginning retained earnings $ 9,300

The following accounts and balances were drawn from the records of Barker Company at December 31, 2016:

Supplies $ 1,000

Beginning retained earnings $ 9,300

Cash flow from investing act. (5,200 )

Cash flow from financing act. (5,000 )

Prepaid insurance 1,200

Rent expense 2,500

Service revenue 65,200

Dividends 3,000

Other operating expenses 41,000

Cash 48,000

Supplies expense 1,100

Accounts receivable 14,200

Insurance expense 2,100

Prepaid rent 4,800

Beginning common stock 40,000

Unearned revenue 6,400

Cash flow from operating act. 15,600

Land 24,000

Common stock issued 5,000

Accounts payable 17,000

A) Use the accounts and balances from Barker Company to construct an income statement.

B) Use the accounts and balances from Barker Company to construct statement of changes in stockholders equity.

C) Use the accounts and balances from Barker Company to construct balance sheet.

D) Use the accounts and balances from Barker Company to construct statement of cash flows (show only totals for each activity on the statement of cash flows). (Amounts to be deducted and cash outflows should be indicated with a minus sign.)

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