Using the adjusted trial balance given, prepare a(n)

1) income statement

2) statement of retained earnings

3) balance sheet

*in good form.

3 Cs Inc

Adjusted Trial Balance

December 31, 2017

Account	Debit	Credit
Accounts Payable		120,000
Accounts Receivable	150,000
Accumulated Depreciation		20,000
Bonds Payable		100,000
Cash	70,000
Common Stock		20,000
Cost of Goods Sold	280,000
Depreciation Expense	10,000
Dividends	20,000
Equipment	200,000
Income Taxes Expense	40,000
Interest Payable		5,000
Inventory	60,000
Land	100,000
Note Payable (18 months)		105,000
Paid-in Capital in Excess of Par - Common		125,000
Paid-in Capital in Excess of Par - Preferred		20,000
Patents, net of amortization	50,000
Preferred Stock		10,000
Rent Expense	45,000
Retained Earnings, Jan. 1		30,000
Salaries Expense	100,000
Sales Revenue		600,000
Treasury Stock	15,000
Utilities Expense	15,000
	$ 1,155,000	$ 1,155,000