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Required information Use the following information for the Quick Studies below. (Algo) The following information applies to the questions displayed below) Lawson Consulting had the following accounts and amounts on December 31 Cash Accounts receivable Equipment Accounts payable Common stock $ 12,000 Dividends 5.900 Services revenue 7,900 Rent expense 4,260 Wages expense 19,640 $ 2.900 16 200 3.400 8,00 QS 2-15 (Algo) Preparing an income statement LO P1 Use the above Infomation to prepare a December income statement for the business LAWSON CONSULTING Income Statement As of Dember 31 Liabilities Accounts payable 5 4260 5 4.260 $ Total Revenues Assets. Cash Accounts receivable Equipment Total Expenses Net Income 12.000 5.900 7.900 25.800