On December 31, 2016, Information Inc. completed its third year of operations. Abdul Mukhtar is a student working part-time in the companys business office while taking his first accounting course. Abdul assembled the following list of account balances, which are not arranged in any particular order:

Accounts Receivable		$150,000		Advertising Expense		$ 76,000
Interest Expense		2,000		Cash		20,000
Notes Receivable		26,000		Inventory		140,000
Cost of Goods Sold		590,000		Dividends Declared		12,000
Common Shares		570,000		Unearned Revenue		6,000
Building		360,000		Insurance Expense		6,300
Accumulated Depreciation, Equipment		20,000		Retained Earnings (as at January 1, 2016)		177,000
Land		160,000		Equipment		200,000
Accumulated Depreciation, Building		40,000		Miscellaneous Expense		5,200
Sales		963,000		Accounts Payable		72,700
Utilities Expense		2,500		Wages Expense		125,000
Notes Payable		30,000		Supplies		3,700

These account amounts are correct, but Abdul did not consider the following information:

1.	The amount shown as insurance expense includes $900 for coverage during the first two months of 2017.
2.	The note receivable is a six-month note that has been outstanding for four months. The interest rate is 10% per year. The interest will be received by the company when the note becomes due at the end of February 2017.
3.	As at December 31, 2016, the supplies still on hand had a cost of $500.
4.	On November 1, 2016, the company rented surplus space in its building to a tenant for $1,100 per month. The tenant paid for six months in advance
5.	Depreciation for 2016 is $17,000 on the building and $22,000 on the equipment.
6.	Employees earned $2,800 of salaries in December 2016 that will not be paid until the first scheduled payday in 2017.
7.	Additional dividends of $47,000 were declared in December 2016, but will not be paid until January 2017.

A) Determine the amounts that would appear in an adjusted trial balance for Information Inc. as at December 31, 2016.

B) Prepare a statement of income for the year ended December 31, 2016.

C) Calculate the amount of retained earnings as at December 31, 2016.

D) Prepare a classified statement of financial position as at December 31, 2016.