The adjusted trial balance of A Plus Events Piano Tuning Service, Inc., at fiscal year end October 31, 2012, follows.

Requirements
1. Prepare A Plus's 2012 income statement.
2. Prepare the statement of retained earnings for the year.
3. Prepare the year-end balance sheet.
4. Which financial statement reports A Plus's results of operations? Were 2012 operations successful? Cite specifics from the financial statements to support your evaluation.
5. Which statement reports the company's financialposition?

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A PLUS EVENTS PIANO TUNING SERVICE, INC. Adjusted Trial Balance October 31, 2012 Balance Account Title Debit Credit $ 12,300 Cash Accounts receivable 10,700 Supplies Equipment Accumulated depreciation Accounts payable Unearned service revenue 1,800 25,800 $ 12,300 3,300 4,600 Salary payable Note payable Common stock 700 15,000 1,700 Retained earnings 7,300 Dividends 36,000 Service revenue 66,000 5,500 Depreciation expense Salary expense Utilities expense 9,600 4,100 Insurance expense 3,700 Supplies expense 1,400 Total $110,900 $110,900