The records of Geyer, Inc., show the following information after all transactions are

recorded for the year except as noted below.

Notes payable $$16,000$ Supplies $$24,400$

Service fees earned $270,400$ Cash $59,200$

Supplies expense $38,800$ Advertising expense $6,800$

Insurance expense $6,000$ Salaries expense $120,000$

Miscellaneous expense $800$ Rent expense $30,000$

Common stock $16,000$ Retained earnings $24,800$

Accounts payable $7,200$

The Common Stock and Retained Earnings balances shown above are as of the beginning

of the year and do not include:

a$)$ $$5,600$ in cash raised during the year through the issuance of additional common stock.

b$)$ A $$54,000$ cash dividend declared and paid near year$-$end.

Prepare the income statement, statement of stockholders' equity, and balance sheet for

Geyer, Inc.

Note: Do not use negative signs with any of your answers.

Expenses can be listed in any order. Be careful not to confuse Supplies with Supplies expense.

prepare a balance sheet:

prepare a statement of stockholder's equity?