Utilities Expense $ 9,000

Service Revenue $158,000 Building 185,000

Interest Expense $2,500 Salaries Expense 22,000

Advertising Expense 10,000 Accounts Payable 3,700

Equipment 25,000 Cash 10,000

Notes Payable 12,000 Accounts Receivable 2,000

Sunshine Company had common stock of $10,000 at the beginning of the year and issued an additional $5,000 of common stock during the year. The company had retained earnings of $81,800 at the beginning of the year and paid dividends of $5,000

Prepare an income statment, statment of stockholders equity, and balance sheet. Use proper formating