Using the Adjusted Trial Balance, complete the Income Statement, Statement of Retained Earnings, and Balance Sheet. Enter any decreases with a minus sign or parentheses. SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Balance Debit Credit Account Title Cash 19,000 Revenue and Gains: Accounts Receivable 8,700 Office Supplies 300 Prepaid Rent 10,200 Total Revenues and Gain Inventory 5,800 Furniture 16,000 Expenses and Losses: Accumulated Depreciation--Furniture 5,800 Accounts Payable 700 Salaries Payable 400 Interest Payable 200 Unearned Revenue 4,300 Notes Payable 7,300 Common Stock - at par 8,700 Additional Paid in Capital 1,400 Retained Earnings 11,600 Dividends 24,400 Notes Payable 7,300 Common Stock - at par 8,700 Additional Paid in Capital 1,400 Retained Earnings 11,600 Dividends 24,400 Sales Revenue 102,900 Total Expenses and Losses Gain on disposal of plant asset 2.900 Income from Continuing Operations Cost of Goods Sold 17,500 Discontinued Operations Selling Expenses 1,400 Advertising Expense 1,000 Net Income Salaries Expense 14,600 Depreciation Expense--Furniture 1,400 Interest Expense 500 Income Tax Expense 11,600 Loss from Disposal of Discontinued Segment, net of tax of $2,000 5,800 Rent Expense 2.900 Insurance Expense 4,300 Supplies Expense 800 Total 146,200 146,200 Assets Liabilities Total Liabilities Less: Stockholders' Equity Total Stockholders' Equity Total Assets Total Liabilities and Stockholders' Equity