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The Sugar Shack, a candy store, has the following trial balance at the end of 2019. Account Cash Rent Expense Equipment Accumulated Depreciation Sales Revenue

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The Sugar Shack, a candy store, has the following trial balance at the end of 2019. Account Cash Rent Expense Equipment Accumulated Depreciation Sales Revenue Unearned (Deferred) Revenue Debit 5 7,100.00 s 12,000.00 29,000.00 Credit $ 5,000.00 88,500.00 $ 2,000.00 5 7,100.00 Beginning Retained Earnings 35,000.00 $ 4,700.00 5 7,200.00 s 14,300.00 $ 4,200.00 Cost of Goods Sold Utility Expense Accounts Receivable Salary expense Income Tax Expense Accounts Payable Dividends Depreciation Expense Common Stock (Issued Prior to 2019) Salaries Payable Insurance Expense Totals 2,200.00 3,200.00 1,000.00 S 14,000.00 5 2,400.00 $ 3,500.00 $121,200.00 $121,200.00 Using the templates that follow, prepare the Income Statement, Statement of Stockholders' Equity, and Balance Sheet for The Sugar Shack, Inc for the 2019 year. No common stock was issued during 2019. Also answer the questions at the end regarding gross profit. Leave stapled in put first and last name in top right corner of first page

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