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The following items are taken from the financial statements of Super Company for 2019: Cash 26,000 Common Stock 25,000 Cost of Goods Sold 17,000 Depreciation

The following items are taken from the financial statements of Super Company for 2019:

Cash 26,000

Common Stock 25,000

Cost of Goods Sold 17,000

Depreciation Expense 4,800

Dividends 5,300

Equipment 44,000

Interest Expense 2,500

Rent Expense 2,000

Patents 7,500

Note Payable (Due 2020) 3,000

Retained Earnings, January 1 16,000

Salaries Expense 5,200

Sales Revenue 35,500

Accounts Payable 18,500

Rent Payable 2,000

Accounts Receivable 4,000

Accumulated Depreciation 4,800

Bonds Payable 18,000

Supplies 4,500

Instructions: Prepare the following statements

a) Multistep income statement

b) Retained earnings

c) Classified Balance Sheet

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