The accounts of Bracken Ltd. Services Company prior to the year-end adjustments follow:

Adjusting data at the end of the year include the following:
a. Unearned service revenue that has been earned, $1,650
b. Accrued service revenue, $32,200
c. Supplies used in operations, $3,100
d. Accrued salary expense, $3,500
e. Prepaid insurance expired, $1,500
f. Depreciation expense—building, $2,600
Carter Bracken, the principal stockholder, has received an offer to sell Bracken Ltd. Services Company. He needs to know the following information within one hour:
a. Net income for the year covered by these data
b. Total assets
c. Total liabilities
d. Total stockholders’ equity
e. Proof that Total assets = Total liabilities + Total stockholders’ equity after all items are updated

Requirement
Without opening any accounts, making any journal entries, or using a work sheet, provide Mr. Bracken with the requested information. The business is not subject to incometax.

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Cash Accounts receivable. Suppl Prepaid insurance 7,300 Common stock 14,000 46,000 16,000 7,500 Retaind earnings 4,600 Dividends declared... 3,500 Service revenue 161,000 110,000 Salary expense 37,000 Depreciation cxpensc building 15,600 building 53,000 Supplies 6,100 Insurance expense Accounts payable Salary payable. Unearned service revenuc 5,500 Utilitics expense 2,000