View Policies Current Attempt in Progress These accounts and balances are taken from the financial statements of Concord Corporation for the year ended December 31, 2022 $ 45,000 1.800 Retained earnings, January 1 Utilities expense Equipment Accounts payable Income tax payable 75,500 17,700 3.400 Cash 14,400 Salaries payable 3.000 13.000 10,500 Common shares January 1 Dividends declared Service revenue Prepaid insurance Repair and maintenance expense 67,500 8.500 6,700 Depreciation expense 5,000 Accounts receivable 4.200 Insurance expense 4,000 Insurance expense 4,000 Salaries expense 30.500 6.900 Income tax expense Accumulated depreciation equipment 12,600 Concord issued 55,800 of common shares during the year, Prepare an income statement for the year ended December 31, 2022. CONCORD CORPORATION Income Statement Question 15 of 15 $ CONCORD CORPORATION Statement of Changes in Equity Common Shares Retained Earnings Total Equity $ $ Prepare classihed statement of financial position at December 31, 2022 (List Current Assets in order of liquidity.) CONCORD CORPORATION Statement of Financial Position CONCORD CORPORATION Statement of Financial Position Assets . $ e $ Liabilities and Shareholders' Equity $ $ e List of Accounts Save for later Attempts: 0 of 1 used Submit