x ( w Announcements-SprinX :/D ACG 3024 Actg for Mgrs D Assignment nyFSC ezto.m.heducation.com/hm.tpx Apps D m My F rida State Coll E ESPN: The Worldwide 11 Netflix craigslist jacksonville 11 Yahoo M value 312 points Problem 2-20 Prepare an income statement, balance sheet, and statement of changes The following information was obtained from the records of Shae, Inc Merchandise inventory Notes payable (long-term) Sales Buildings and equipment Selling. general, and administrative expenses Accounts receivable Common stock (21,000 shares) Income tax expense Cash Retained earnings, 1/1/13 Accrued labilities Cost of goods sold Accumulated depreciation Interest expense Accounts payable Dividends deciared and paid during 2013 S 132,000 150,000 450,000 252,000 36,000 60,000 105,000 42,000 96,000 64 500 9,000 270,000 108.000 24,000 45,000 19.500 Except as otherwise indicated, assume that all balance sheet items reflect account balances at December 31. 2013, and that all income statement items reflect activities that occurred during the year ended December 31, 2013. There were no changes in paid-in capital dunng the year Required: a. Prepar e an income statement and statement of changes in stockholders equity for the year ended December 31, 2013 and a balance sneet at Decemoer 33:2013 for snae. Inc Based on the financial statements that you have prepared for pert a, answer the questions in parts b-e Income Statement For the Year Ended Deceimber 31, 2013 O Type here to searc