The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2:

Required

Use the accounts and balances from Barker Company to construct an income statement, statement of changes in stockholders’ equity, balance sheet, and statement of cash flows (show only totals for each activity on the statement of cash flows).

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Supplies Cash flow from investing act. Prepaid insurance Service revenue $ 1,000 (5,200) 1,200 65,200 Beginning retained earnings Cash flow from financing act. Rent expense Dividends $ 9,300 (5,000) 2,500 3,000 41,000 1,100 48,000 Other operating expenses Supplies expense Insurance expense Beginning common stock Cash flow from operating act. Cash Accounts receivable 14,200 2,100 4,800 6,400 24,000 17,000 Prepaid rent 40,000 Unearned revenue 15,600 5,000 Land Common stock issued Accounts payable