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The following information for Rogers Enterprises is available at December 31, 2019, and includes all of Rogers' financial statement amounts except retained earnings: Accounts receivable

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The following information for Rogers Enterprises is available at December 31, 2019, and includes all of Rogers' financial statement amounts except retained earnings: Accounts receivable $72,920 Cash 13,240 Common stock (10,000 shares) 68,100 Income taxes expense 13,100 Income taxes payable 4,150 Interest expense 15,800 Notes payable (due in 10 years) 25,000 Prepaid rent (building) 31,500 Property, plant, and equipment 90,000 Rent expense 135,000 Retained earnings ? Salaries expense 235,200 Salaries payable 15,080 Service revenue 463,000 Supplies 43,200 Supplies expense 34,900 Prepare a single-step income statement for the year ending December 31, 2019, for Rogers. Rogers Enterprises Income Statement For the Year Ended December 31, 2019 Revenues: Service revenue 463,000 Expenses: Salaries expense $ 235,200 Rent expense 135,000 Supplies expense 34,900 Interest expense 15,800 Income taxes expense 13,100 Net income

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