The following financial data pertains to Beta Manufacturing Co. for the year ended December 31, 2025:

• Service Revenue: $50,000
• Rent Expense: $6,000
• Salaries Expense: $18,000
• Office Supplies Expense: $1,000
• Equipment: $20,000
• Accounts Payable: $2,000
• Accounts Receivable: $4,000
• Cash: $10,000
• Notes Payable: $8,000
• Common Stock: $12,000

Requirements:

1. Prepare a Trial Balance as of December 31, 2025.
2. Prepare an Income Statement for the year ended December 31, 2025.
3. Prepare a Statement of Retained Earnings for the year ended December 31, 2025.
4. Prepare a Balance Sheet as of December 31, 2025.