Whitaker Consulting Company has prepared a trial balance on the following partially completed worksheet for the year ended December 31, 2019:

Additional information: (a) On January 1, 2019, the company had paid 2 years rent in advance at $100 a month for office space, (b) the office equipment is being depreciated on a straight-line basis over a 10-year life, and no residual value is expected, (c) interest of $150 has accrued on the note payable but has not been paid, and (d) the income tax rate is 30% on current income and will be paid in the first quarter of 2020.

1. Complete the worksheet.
2. Prepare financial statements for 2019.