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Exercise 3-8 Preparing Financial Statements from a Trial Balance LO P6 Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 24,000 3,800 760 8,000 1,700 36,000 8,800 3,100 20,400 82,400 85,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expenseBuildings Supplies $ 28,000 6,600 2,600 620 1,450 460 170,000 9,500 8,500 1,450 Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $82,400 on December 31 of the prior year. Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $82,400 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement Statement of Retained Earnings Balance Sheet Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses