$4$

$3\mathrm{.}75$

points

Required information

Use the following information for the Exercises below.

$($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Stark company has the following adjusted accounts and normal

balances at its December $31$ year$-$end.

Exercise $3-17($Algo$)$ Preparing Financial Statements LO P$5$

Use the adjusted accounts for Stark Company to prepare the $(1)$ income statement and

$(2)$ statement of owner's equity for the year ended December $31$ and $(3)$ balance sheet

at December $31.$ The Stark, Capital account balance was $$90,800$ on December $31$ of

the prior year, and there were no owner investments in the current year.

Complete this question by entering your answers in the tabs below.

Income

Statement of

Statement

Owners Equity

Balance Sheet

Prepare the income statement for the year ended December $31.$