Wk 4 - Apply: Connect Homework (due Day 7] i Saved Exercise 3-10 Preparing Financial Statements from a Trial Balance LO PO 2 Following are the accounts and balances from the adjusted trial balance of Stark Company. 42.5 points Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Stark, Capital Services revenue $ 20,000 3,400 680 6,000 1,300 28,000 8,400 2,700 78,800 65,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Stark, Withdrawals Depreciation expense-Buildings Supplies eBook $ 24,000 5,800 2,200 460 1,250 380 130,000 7,500 6,500 1,250 References Prepare the (1) income statement and (2) statement of owner's equity for the year ended December 31, and (3) balance sheet at December 31. The Stark, Capital account balance was $78,800 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement of Owners Equity Balance Sheet Statement Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement Mc Graw Hill