Don't do the balance sheet , working capital , and assets turnover and debit ration .

JUST DO : income statement, a statement of retained earnings , profit margin, and current ratio .

CDE Company Problem #2 Adjusted Trial Balance Debit Credit Cash $ Accounts receivable 3,500 8,000 3,600 80,000 Prepaid Insurance Equipment Accumulated depreciation Accounts payable Common Stock Retained earnings $ 12,000 600 35,000 14,200 Cash Dividends 7,500 Service fees earned 102,200 4,200 Miscellaneous Income Salaries Expense Rent expense 42,800 13,000 1,800 Insurance expense Depreciation expense 8,000 Income Tax expense 8,800 Income Tax Payable 8,800 Totals $177,000 $177,000 Required: Prepare an Income Statement, a statement of Retained Earnings and a Balance Sheet. Also, calculate profit margin, current ratio, working capital, assets turnover and debt ratio