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These items are taken from the financial statements of Sunland Company for 2022 Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries
These items are taken from the financial statements of Sunland Company for 2022 Retained earnings (beginning of year) Utilities expense Equipment Accounts payable Cash Salaries and wages payable Common stock Dividends Supplies Debt investment (long-term) Trademarks Service revenue Prepaid insurance Maintenance and repairs expense Depreciation expense Accounts receivable Insurance expense Salaries and wages expense Accumulated depreciation-equipment $32,370 2,140 62,400 17,350 13,730 4,500 22,700 12,000 3,200 6,100 2,500 71,650 5,000 1,660 3,420 14,610 2,380 40,660 21,230 Dart 1 Question 6 of 6 0/15 Part 1 X Your answer is incorrect. Prepare an income statement for the year ended December 31, 2022. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.5. (45).) SUNLAND COMPANY Income Statement $ 0715 Part 2 Prepare a retained earnings statement for the year ended December 31, 2022. (List items that increase retained earnings first.) SUNLAND COMPANY Retained Earnings Statement + $ Part 3 Prepare a classified balance sheet as of December 31, 2022. (List Current Assets in order of liquidity.) SUNLAND COMPANY Balance Sheet Assets $ 4 $ .: 0/15 9 Liabilities and Stockholders' Equity . $ $ . . 1. Media
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