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The ledger of AISExperts Inc. showed the following balances after adjustment, but before closing, on December 31, 2020, the end of the current year:

Accounts payable	82000
Accounts receivable	100580
Accumulated depreciation equipment	36540
Depreciation expense	10000
Marketable securities	11250
Interest revenue	1100
Cash	78470
Finished goods inventory	73500
Available-for-sale securities	6000
Common stock (10,000 shares outstanding)	100000
Prepaid rent	14500
Cost of goods sold	625650
Dividends declared	32000
Insurance expense	2200
Lease obligation	5200
Equipment	114450
General expenses	110250
Interest expense	5800
Raw materials inventory	51000
Rent expense	2000
Prepaid insurance	11325
Retained earnings	?
Dividend revenue	10250
Work-in-process inventory	52200
Leased equipment	6000
Salaries payable	26700
Sales	987500
Selling expenses	136210

The president of AISExperts Inc., has asked you to develop a flexible financial statement package (call the file yournameFinState20), using Excel that includes:

• a data entry sheet
• an adjusted trial balance,
• a single-step income statement,
• a multi-step income statement,
• a statement of retained earnings,
• a classified balance sheet, and
• a post-close trial balance

You can ignore taxes in this project.

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