| Retained earnings, January 1, 2011 |
$50,000 |
|
Advertising expense |
$1,800 |
| Dividends during 2011 |
5,200 |
|
Rent expense |
10,400 |
| Service revenue |
62,500 |
|
Utilities expense |
3,100 |
| Salaries expense |
28,000 |
|
|
|
After analyzing the data, complete the income statement and retained earnings statement below for the year ending December 31, 2011. (List amounts from largest to smallest eg 10, 5, 3, 2. Enter all amounts as positive amounts and subtract where necessary.)