On December $31,2026.$ Fighting Rachel Cooking Senvices reports the following revenues and expenses.

Service revenue

Postage expense

$$89,809$

Rent expense

S $12,800$

Legal fees expense

$2,200$

Salarles expense

$38,009$

$21,500$

In addition, the balance of common stock at the beginning of the year was $$900,000,$ and the balance of retained earnings was $$60,000.$ During the year, the company issued additional shares of common stock for $$39,000$ and paid dividends of $$38,000.$

Required:

Prepare an income statement

$2$ Prepare a statement of stockholders equity.

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

$\backslash$table$[[\backslash$table$[[$Income$],[$Statement$]],\backslash$table$[[$Stodcholders$],[$Equity$]]]]$

Prepare a statement of stockholders' equity.

$\backslash$table$[[$FIGHTING RACHEL COOKING SERVICES$],[$Statement of Stockholders' Equity$],[$For the Year Ended December $31,2026],[,\backslash$table$[[$Common$],[$Stock$]],\backslash$table$[[$Retained$],[$Earnings$]],\backslash$table$[[$Total$],[$Stockholders$],[$Equity$]]],[$Beginning Balance,,,$],[?,,,],[,,,],[\backslash ,,,],[$Ending Balance,$50,50,50]]$