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Skysong, Inc. compiled the following financial information as of December 31, 2017: Service revenue $826,000 Common stock 195,000 Equipment 253,000 Operating expenses 727,000 Cash 223,000

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Skysong, Inc. compiled the following financial information as of December 31, 2017: Service revenue $826,000 Common stock 195,000 Equipment 253,000 Operating expenses 727,000 Cash 223,000 Dividends 56,000 Supplies 30,000 Accounts payable 104,000 Accounts receivable 93.000 Retained earnings 1/1/17 441,000 Skysong assets on December 31, 2017 are: $599.000 o $1,439,000 $1,049,000 O $506.000

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