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Accounts payable Accounts receivable $19,500 56,000 Cash $108,000 Miscellaneous expense 539,000 Rent expense 200,000 Supplies 575,000 Supplies expense 940,000 Utilities expense 1,500,000 Wages expense 6,000 12,700 Common stock Fees earned Land 34 800 415,000 Common stock was $525,000 and retained earnings was $1,250,000 as of January 1, 2015. During the year, additional common stock of $50,000 was issued for cash, and dividends of $90,000 were paid Required: 1. Prepare an income statement for the year ended December 31, 2015. Refer to the Nets of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If there is a net loss, enter that amount as a negative number using a minus sign. You will not need to enter colons() on the come statement 2. Prepare a statement of stockholders' equity for the year ended December 31, 20Y5. Refer to the lists of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank. 3. Prepare a balance sheet as of December 31, 20Y5. Refer to the lists of Accounts, Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading 4. What es appears on both the statement of stockholders' equity and the balance sheet

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