The following accounts and balances were drawn from the records of Shearer Company at December 31, Year 2:

Cash .............................................................................$22,100 

Accounts receivable ...................................................$21,000
Land ..............................................................................43,000 

Cash flow from operating act. ......................................8,600
Insurance expense ........................................................2,500 

Beginning retained earnings ........................................47,200
Dividends ..........................................................................5,000 

Beginning common stock ...............................................5,500
Prepaid insurance ...........................................................3,500 

Service revenue ..............................................................86,000
Accounts payable ...........................................................15,000

Cash flow from financing act. ........................................9,000
Supplies .............................................................................2,100 

Ending common stock ...................................................14,500
Supplies expense .............................................................1,000 

Cash flow from investing act. ........................................(6,000)
Rent expense ....................................................................3,500 

Other operating expenses .............................................59,000

Required
Use the accounts and balances from Shearer Company 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).