Use the preceding information to construct an income

Question

Identifying and arranging elements on financial statements

The following information was drawn from the records of Paso & Associates at December 31, 2012.

Supplies	$      2,500	Unearned revenue	S 5,400
Consulting revenue	120,000	Notes payable	40,000
Land	70,000	Salaries payable	9,000
Dividends	10,000	Salary expense	58,000
Cash flow from fin. activities	30,000	Common stock issued	30,000
Interest revenue	6,000	Beginning common stock	40,000
Ending retained earnings	50,100	Accounts receivable	32,000
Cash	66,000	Cash flow from inv. activities	121,000)
Interest payable	4,000	Cash flow from oper. activities	18,000
Interest expense	9,000	Prepaid rent	8,000

Required

Use the preceding information to construct an income statement, statement of changes in stock­holders' equity, balance sheet, and statement of cash flows. (Show only totals for each activity on the statement of cash flows.)