Following are the accounts and balances from the adjusted trial balance of Stark Company. Prepare the

(1) Income statement

(2) Statement of owner’s equity for the year ended December 31

(3) Balance sheet at December 31.The Stark, Capital account balance was $24,800 on December 31 of the prior year.

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Accumulated depreciation-Buildings.. Accounts receivable Notes payable.... Prepaid insurance Interest expense Accounts payable Wages payable $11,000 2,500 $15,000 4,000 1,300 Utilities expense Interest payable Ungarned revenue 500 1,500 100 400 10,000 7,500 1,800 24,800 20,000 800 200 40,000 3,000 2,000 Supplies expense Buildings . Stark, Withdrawals Depreciation expense-Buildings Supplies.. Cash Wages expense Insurance expense Stark, Capital Services revenue 800