Presented here are the accounts of Pembroke Bookkeeping Company for the year ended December 31, 2018:

Requirements
1. Prepare Pembroke Bookkeeping Company's income statement.
2. Prepare the statement of retained earnings.
3. Prepare the balance sheet.

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$ 29,000 $ 10,000 Common Stock Land Notes Payable 31,000 Accounts Payable 7,000 Property Tax Expense 3,100 Accounts Receivable 1,200 Dividends 28,000 Advertising Expense 12,000 7,000 Building 147,400 Rent Expense Salaries Expense 64,000 Cash 2,800 Salaries Payable 800 Equipment 15,000 Service Revenue 192,000 Insurance Expense 1,700 Office Supplies 12,000 Interest Expense 6,600 Retained Earnings, Dec. 31, 2017 51,000