Ly Lab 4 - Chap 4 & 5 (Question 1) ~ Lyryx Learning Inc - Google Chrome X lifa1.lyryx.com/student-servlets/LabServlet?ccid=11307 Allarco Inc. began operations on July 1, 2013. Its adjusted account balances at June 30, 2014 are shown below. Use this information to prepare the following: a. Income statement for the year ended June 30. b. Statement of changes in equity for the year ended June 30. c. Classified balance sheet at June 30. Account Balance (select one) Accounts payable. 2,060 Income Statement X Accounts receivable 5,310 (select one) X Accumulated depreciation, automobiles. 720 + + 4 X X Accumulated depreciation, boats 1,240 X X Automobiles. 3,220 X + + X Boats. 7,470 + + 4 X Bonds Payable (due August, 2022) 10,780 X + + X Cash 2,290 X Consulting revenue earned. 13,730 X Depreciation expense, automobiles. 720 X Depreciation expense, boats. 1,240 X Dividends 3,990 X Interest earned 3,940 X Interest expense 3,760 X Interest receivable 3,910 X Land 7,720 Long-term notes payable. 14,950 (select one) X Long-term investment in shares 8,970 Statement of Changes in Equity X Notes Receivable (due December, 2014). 9,460 (select one X Patents. 6,810 Share Retained Total X Rent earned. 7,700 Capital Earnings Equity X Rent expense 11,920 X HK Rent payable 5,410 X + + X Share capital 9,680 X +K Unearned consulting revenue. 1,070 Unearned rent 5.510 9:42 PM : 17.C 6/8/2022 20 Raining now