A number of business transactions carried out by Overnight Auto Service are as followsJan.20 Michael McBryan started the business by depositing 80000 received from the sale of

capital stock in a company bank account.Jan.21 Purchased land for 52000, paying cash.Jan.22 Purchased a building for 36000, paying 6000 in cash and issuing a note payable for

the remaining 30000. Jan.23 Purchased tools and equipment on account, 13800.Jan.24 Sold some of the tools at a price equal to their cost, 1800, collectible within 45 days.Jan.26 Received 600 in partial collection of the account receivable from the sale of tools.Jan.27 Paid 6800 in partial payment of an account payable.Jan.31 Recorded 2200 of sales revenue received in cash.Jan.31 Paid 1400 of operating expenses in cash - 200 for utilities and 1200 for wages.Requireda.Prepare the income statement of Overnight Auto Service for the month ended January 31, 2008.b.Prepare the statement of Retained Earnings at January 31, 2008.c.Prepare the company's balance sheet at January 31, 2008.

Assets Liabilitiesaccts tools and accts

cash rec. land building equip. payJan.20 80,000Jan.21 -52,000 52,000Jan.22 -6,000 36,000 Jan.23 13,800 13,800Jan.24 1800 -1,800Jan.26 600 -600Jan.27 -6,800 -6,800Jan.31 2,200Jan.31 -1,400

Bal. 16,600 1,200 52,000 36,000 12,000 7,000

Overnight Auto Service

month ended January 31, 2008revenues sales rev 2,200 expenses wages 1,200 utilities 200 1,400 net income 800

Overnight Auto ServiceStatement of Retained Earningsmonth ended January 31, 2008

RE, Jan.20 - Add: Net Income 800 subtotal 800 less dividends -

Income Statement

RE, Dec 31 800

Overnight Auto ServiceBalance Sheet

January 31, 2008assets liabilities

cash 16,600 accounts pay 7,000 accts rec 1,200 notes payable 30,000 land 52,000 37,000 building 36,000 owner's equitytools and equip 12,000 capital stock 80,000

ret earnings 800total 117,800 total 117,800

A number of business transactions carried out by Overnight Auto Service are as followsMichael McBryan started the business by depositing 80000 received from the sale of

Purchased a building for 36000, paying 6000 in cash and issuing a note payable for

Sold some of the tools at a price equal to their cost, 1800, collectible within 45 days.Received 600 in partial collection of the account receivable from the sale of tools.

Paid 1400 of operating expenses in cash - 200 for utilities and 1200 for wages.

a.Prepare the income statement of Overnight Auto Service for the month ended January 31, 2008.

Liabilities Owner's Equitynotes capital retainedpay stock earnings

80,000

30,000

2,200 -1,400

30,000 80,000 800

A number of business transactions carried out by JJs Lawn Care Service are as follows

May1 Jill Jones and her family invested 8000 in JJ's Lawn Care Service and received 800 shares of stock.

May2 Purchased a riding lawn mower for 2500 cash.May8 Purchased a truck for 15000, paying 2000 in cash and issuing a note payable for

the remaining 13000. May11Purchased some repair parts for 300 on account.May18Sold half of the repair parts at a price equal to their cost, 150, collectible within 30 days.May25Received 75 in partial collection of the account receivable from the sale of repair parts.May28Paid 150 of its accounts payable.May29Recorded lawn care services provided during May of 750. All clients paid in cash.May31Purchased gasoline for the lawn mower and the truck for 50 cash.Requireda.Prepare the income statement of JJ's Lawn Care Service for the month ended May 31, 2007.b.Prepare the statement of Retained Earnings at May 31, 2007.c.Prepare the company's balance sheet at May 31, 2007.

Assets Liabilities Owner's Equity

accounts tools and accounts notes capital retained

cash rec equip truck payable payable stock earnings

May1 8,000 8,000

May2 -2,500 2,500

May8 -2,000 15,000 13,000

May11 300 300

May18 150 -150

May25 75 -75

May28 -150 -150

May29 750 750

May31 -50 -50

Bal. 4,125 75 2,650 15,000 13,000 150 8,000 700

JJ's Lawn Care Service

month ended May 31, 2007revenues sales rev 750 expenses wages 50net income 700

JJ's Lawn Care ServiceStatement of Retained Earnings

month ended May 31, 2007RE, May 1 - Add: Net Income 700 less dividends - RE, May 31 700

JJ's Lawn Care ServiceBalance Sheet

Income Statement

May 31, 2007assets liabilities

cash 4,125 accounts pay 150 accts rec 75 notes payable 13,000 tools and equip 2,650 13,150 truck 15,000 owner's equity

capital stock 8,000ret earnings 700

total 21,850 total 21,850

Jill Jones and her family invested 8000 in JJ's Lawn Care Service and received 800

Sold half of the repair parts at a price equal to their cost, 150, collectible within 30 days.Received 75 in partial collection of the account receivable from the sale of repair parts.

The followings are the balances in the accounts of Paul's Delivery Service on August 31, 200.Accounts Payable $ 260 Salaries Payable 240 Accounts Receivable 220 Salaries Expense 500 Capital Stock 1,160 Service Revenue 3,210 Equipment 2,980 Supplies 180 Notes Payable 190 Supplies Expense 280 Notes Receivable 130 Telephone Expense 270 Retained Earnings ? Truck Rental Expense 500

Requireda.Prepare the income statement for Paul's Delivery Service for the month of August, 2007.b.Prepare the company's balance sheet at August 31, 2007.

Paul's Delivery Service

month ended August 31, 2007revenues service revenue 3,210 expenses salaries 500 truck rental 500 supplies 280 telephone 270 1,550 net income 1,660

Paul's Delivery ServiceBalance Sheet

August 31, 2006assets liabilities

accounts receivable 220 accounts payable 260 notes receivable 130 notes payable 190 supplies 180 salaries payable 240 equipment 2,980 total 690

owner's equitycapital stock 1,160 retained earnings 1,660

total 3,510 total 3,510

Income Statement

The following items are listed in alphabetical order

Accounts payable $19,000 Note payable 85,000

Accounts receivable 12,000 Property tax expense 4,000Advertising expense 13,000 Rent expense 23,000Building 170,000 Retained earnings ?

Capital stock 114,000 Salary expense 63,000Cash 14,000 Salary payable 1,000

Equipment 20,000 Service revenue 178,000Insurance expense 2,000 Supplies 3,000Interest expense 9,000 Utilities expense 4,000 Land 60,000

RequiredPrepare the income statement of Ping Technology for the year ended December 31, 2007.Prepare the company's balance sheet at December 31, 2007.

Ping TechnologyIncome Statement

Year Ended December 31, 2007Revenues Service revenue $178,000 Expenses Salary expense $63,000 Rent expense 23,000 Advertising expense 13,000 Interest expense 9,000 Utilities expense 4,000 Property tax expense 4,000 Insurance expense 2,000 Total expenses 118,000Net Income $60,000

Ping TechnologyBalance Sheet

31-Dec-07Assets Liabilities

Cash $ 14,000 Accounts payable $ 19,000 Accounts receivable 12,000 Salary payable 1,000 Supplies 3,000 Notes payable 85,000 Equipment 20,000 Owner's EquityBuilding 170,000 Capital stock 114,000 Land 60,000 Retained earnings 60,000

Total liabilitiesTotal assets $279,000 and Owner's equity $279,000

The following amounts summarize the financial position of Peavy Design on April 30, 2007.Assets Liabilities Owner's Equity

accounts accounts capital retainedcash receivable supplies land payable stock earnings1.720 3.240 24.100 5.400 23.600

During May 2007, following events occurred. May a Received $12,000 and deposited the cash in the business bank account from the sale of capital stock.

b Paid off the beginning balance of accounts payable

c Performed service for a client and received cash of $1,100.

d Collected cash from a customer on account, $750.

e Purchased supplies on account, $720.

f Consulted on the interior design of a major office building and billed the client for services rendered,$5,000.

g Received $1,700 from the sale of capital stock.

h Paid cash expenses: office rent, $1,200; advertising, $660; employees, $4,000.

i Sold supplies to another interior designer for $80 cash.

RequiredAnalyze the effects of the preceding transactions on the accounting equation.Prepare the income statement of Peavy Design for the month ended May 31, 2007.Prepare the company's balance sheet at May 31, 2007.

Assets Liabilities Owner's Equityaccounts accounts capital retained

cash receivable supplies land payable stock earningsBal. 1.720 3.240 24.100 5.400 23,660

May a 12.000 12,000b -5,400 -5,400 c 1.100 1,100d 750 -750e 720 720f 5,000 5,000

g 1.700 1,700h -1,200 -1,200h -660 -660h -4000 -4000i 80 -80

Bal. 6.090 7.490 640 24.100 720 37,360 240

Peavy DesignIncome Statement

Month Ended May 31, 2007Revenues: Service revenue $6,100Expenses Rent $1,200 Advertising 660

Salaries 4,000 5,860 Net Income $240

Peavy DesignBalance Sheet

31-May-07Assets Liabilities

Cash $6,090 Accounts payable $720Accounts Receivable 7.490Supplies 640 Owner's EquityLand 24.100 Capital stock 37,360

retained earnings 240Total liabilities

Total assets $38,320 and Owner's equity $38,320

Account balances for Crystal Auto Wash at September 30, 2007, are shown below. The figurefor retained earnings is not given.Accounts Payable $14,000 Machinery & Equip 65,000 Accounts Receivable 800 Notes Payable $29,000 Buildings 52,000 Retained Earnings ? Cash 9,200 Salaries Payable 3,000 Capital Stock 100,000 Supplies 400 Land 68,000

Requireda.Prepare a balance sheet at September 30, 2007.

Crystal Auto WashBalance Sheet

September 30, 2007assets liabilities

cash 9,200 accounts payable 14,000 accts receivable 800 notes payable 29,000 supplies 400 salaries payable 3,000 land 68,000 46,000 buildings 52,000 owner's equitymachinery & equip 65,000 capital stock 100,000

retained earnings* 49,400 total 195,400 total 195,400

*computed as 195400 (total assets) - 46000 (total liabilities) = 149000 (o's equity); 149400 - 100000 (capital stock) = 49400

Goldstar Communications was organized on December 1, 2007 and had the following account balances at December 31, listed in tabular form:

Assets Liabilities Owner's Equityoffice accts notes capital

cash land building equip. pay pay stockBal. 37,000 95,000 125,000 51,250 28,250 80,000 200,000

Early in January the following transactions were carried out by Goldstar Communications 1 Sold capital stock to owners for 35000.2 Purchased land and small office building for a total price of 90000, of which 35000 was the

value of the land and 55000 was the value of building. Paid 22500 in cash and signed a note payable for the remaining 67500.

3 Bought several computer systems on credit for 9500. (30-day open account)4 Obtained a loan from Capital Bank in the amout of 20000. Signed a note payable.5 Paid the 28250 account payable due as of December 31.

Requireda.List the December 31 balances of assets, liabilities, and owner's equity in tabular form as shown.b.Prepare the company's balance sheet at January 31, 2007.

Assets Liabilities Owner's Equitycash land building office equip. accts pay notes pay capital stock

Bal. 37,000 95,000 125,000 51,250 28,250 80,000 200,000 1 35,000 35,000 2 -22,500 35,000 55,000 67,500 3 9,500 9,500 4 20,000 20,000 5 -28,250 -28250

41,250 130,000 180,000 60,750 9,500 167,500 235,000

Goldstar CommunicationsBalance Sheet

31-Dec-07Assets Liabilities

Cash 41,250 Accounts payable 9,500 Land 130,000 Notes Payable 167,500 Building 180,000 Owner's EquityOffice Equip. 60,750 Capital stock 235,000

Total liabilities &Total assets $ 412,000 Owner's equity $412,000

Given Data P02-05:HERE COME THE CLOWNS!

Accounts Payable $ 26,100 Notes Payable $ 180,000 Accounts Receivable 7,450 Note Receivable 9,500 Animals 189,060 Props and Equipment 89,580 Cages 24,630 Retained Earnings 27,230 Capital Stock 310,000 Salaries Payable 9,750 Cash ? Tents 63,000 Costumes 31,500 Trucks & Wagons 105,840

a.prepare a balance sheet by using these items and computing the amount of cash at June 30, 2007.

HERE COME THE CLOWNS!Balance SheetJune 30, 2007

Assets Liabilities & Stockholders' EquityCash* $32,520 Liabilities:Notes receivable 9,500 Notes payable $180,000 Accounts receivable 7,450 Accounts payable 26,100 Animals 189,060 Salaries payable 9,750 Cages 24,630 Total liabilities $215,850 Costumes 31,500 Stockholders' equity:Props and equipment 89,580 Capital stock $310,000 Tents 63,000 Retained earnings 27,230 337,230 Trucks & wagons 105,840 Total $553,080 Total $553,080

^ Correct! ^ Correct!

*computed as 215850 (total liabilities) + 337230 (o's equity) - 520560 (total assets)32520

b.Explain what changes would be required in your June 30 balance sheet to reflectthe loss of an uninsured tent that cost $14,300.

The loss of an asset, Tents, from a fire would require a revised balance sheet that reflectsa decrease in total assets. When total assets are decreased, the other balance sheettotal (that is, the total of liabilities and owner's' equity) must also decrease. Since thereis no change in liabilities as a result of the destruction of an asset, the decrease on the right-hand side of the balance sheet must be in owners' equity - specifically, the retainedearnings account. The amount of the decrease in the assets Tents, in Retained earnings,and in both balance sheet totals, is $14,300.

Given Data P02-06:The following list of balance sheet items are in random order for Wilson Farms, Inc., atSeptember 30, 2007:

WILSON FARMS, INC.Land $490,000 Fences and Gates 33,750 Barns and Sheds 78,300 Irrigation System 20,125 Notes Payable 330,000 Cash 16,710 Accounts Receivable 22,365 Livestock 120,780 Citrus Trees 76,650 Farm Machinery 42,970 Accounts Payable 77,095 Retained Earnings ? Property Taxes Payable 9,135 Wages Payable 5,820 Capital Stock 290,000

a.prepare a balance sheet by using these items and computing the amount forretained earnings.

WILSON FARMS, INCBalance Sheet

September 30, 2007Assets Liabilities & Stockholders' Equity

Cash $ 16,710 Liabilities:Accounts receivable 22,365 Notes payable $330,000 Livestock 120,780 Property Taxes Payable 9,135 Farm Machinery 42,970 Wages Payable 5,820 Irrigation System 20,125 Total liabilities $344,955 Fences and Gates 33,570 Stockholders' equity:Citrus trees 76,650 Capital stock $290,000 Barns and Sheds 78,300 Retained earnings* 266,515 556,515 Land 490,000 Total 901,470 Total $901,470

^ Correct! ^ Correct!

*computed as 901470 (total assets) - 344955 (total liabilities) = 556515 (o's equity); 556515 - 290000 (capital stock) = 266515

b.Explain what changes would be required in your June 30 balance sheet to reflectthe loss of an uninsured tent that cost $14,300.

The loss of an asset, Tents, from a fire would require a revised balance sheet that reflectsa decrease in total assets. When total assets are decreased, the other balance sheettotal (that is, the total of liabilities and owner's' equity) must also decrease. Since thereis no change in liabilities as a result of the destruction of an asset, the decrease on the right-hand side of the balance sheet must be in owners' equity - specifically, the retainedearnings account. The amount of the decrease in the assets Tents, in Retained earnings,and in both balance sheet totals, is $14,300.

Given Data P02-08:THE SWEET SODA SHOP

The balance sheet items of The Sweet Soda Shop were as follows at the close of business on September 30, 2007.Accounts Payable $ 8,500 Furniture & Fixtures $ 20,000 Accounts Receivable 1,250 Land 55,000 Building 45,500 Notes Payable ?Cash 7,400 Retained Earnings 4,090 Capital Stock 50,000 Supplies 3,440

The transactions occuring during the first week of October were:Cash received for stock $ 30,000 Purchase price of furniture 18,000 Cash paid for supplies 1,000 Cost of supplies under normal circumstances 1,875 Revenues earned and paid in cash 5,500 Expenses incurred and paid in cash 4,000

Requireda.Prepare a balance sheet at September 30, 2007.b.Prepare a balance sheet at October 6, 2007. Also prepare an income statement.

THE SWEET SODA SHOPBalance Sheet

September 30, 2007Assets Liabilities & Owners' Equity

Cash $ 7,400 Liabilities:Accounts receivable 1,250 Notes payable $ 70,000 Supplies 3,440 Accounts payable 8,500 Land 55,000 Total liabilities $ 78,500 Building 45,500 Owners' equity:Furniture & fixtures 20,000 Capital stock 50,000

Retained earnings 4,090 Total $ 132,590 Total $ 132,590

^ Correct! ^ Correct!

THE SWEET SODA SHOPBalance Sheet

October 6, 2006Assets Liabilities & Owners' Equity

Cash $ 29,400 Liabilities:Accounts receivable 1,250 Notes payable $ - Supplies 4,440 Accounts payable 18,000 Land 55,000 Total liabilities $ 18,000 Building 45,500 Owners' equity:Furniture & fixtures 38,000 Capital stock 30,000

Retained earnings 1,500 Total $ 173,590 Total $ 49,500

^ Correct! ^ Try again!

THE SWEET SODA SHOPIncome Statement

For the Period October 1-6, 2005

Revenues $ 5,500 Expenses 4,000 Net income $ 1,500

c. Assume the note payable does not come due for several years. Is The Sweet Soda Shop in a stronger financial position on Sept. 30 or October 6? Explain briefly.

The Sweet Soda Shop is in a stronger financial position on October 6 than onSeptember 30. On September 30, the company had highly liquid assets (cash andaccounts receivable) of $8,650, which barely exceeded the $8,500 in liabilities(accounts payable) due in the near future. On October 6, after the additional investment of cash stockholders, the company's cash alone exceeded itsshort-term obligations.

Given Data P02-09:BERKELEY PLAYHOUSE

Balance SheetSeptember 30, 2007

Assets Liabilities & Owners' EquityCash $ 21,900 Liabilities:Accounts Receivable 132,200 Accounts Payable $ 6,000 Props and Costumes 3,000 Salaries Payable 29,200 Theater Building 27,000 Total Liabilities $ 35,200 Lighting Equipment 9,400 Owner's equityAutomobile 15,000 Helen Berkeley, Capital 50,000 Total $ 208,500 Total $ 85,200

You discover the following facts:(1) Cash in company bank account $ 15,000 Cash in company safe 1,900 Cash in personal savings account 5,000 (2) Artistic Tours receivable 7,200 Estimate of future ticket sales 125,000 (3) Cost of props and costumes 18,000 Cash paid for props and costume 3,000 Note to Actors' Supply Co. 15,000 (4) Monthly rent on theater building 3,000 Purchase price of theater building 135,000 (5) Purchase price of lighting equipm 9,400 Current value of lighting equipmen 0 (6) Purchase price of Jaguar 9,000 Listed sales price of similar Jagua 15,000 (7) Business debts 3,900 Balance on personal VISA 2,100 (8) Salary offered to Mario Dane 25,000 Salary owed to stage hands 4,200 (9) Original investment in business 20,000 Recent offer to purchase 50,000

a.Prepare a corrected balance sheet for Berkeley Playhouse at September 30, 2006

BERKELEY PLAYHOUSEBalance Sheet

September 30, 2006Assets Liabilities & Owners' Equity

Cash $16,900 Liabilities:Accounts receivable 7,200 Notes payable $15,000 Props and costumes 18,000 Accounts payable 3,900 Lighting equipment 9,400 Salaries payable 4,200

Total liabilities $23,100 Owner's equity: Helen Berkeley, capital 28,400

Total $51,500 Total $ 51,500 ^ Correct! ^ Correct!

b. For each of the nine numbered items above, explain your reasoning in deciding whether or not to include the items in the balance sheet and in determining the proper dollar value.

(1) The cash in Berkeley's personal savings account is not an asset of thebusiness entity Berkeley Playhouse. Therefore it should not appear in the balance sheet of the business. The money on deposit in the business bankaccount ($15,000) and in the company safe ($1,900) constitute cash owned by thebusiness. It is not necessary to state separately in the balance sheet amountsof cash at different locations; thus, the cash owned by the business at September 30 totals $16,900.

(2) Only the amount receivable from Artistic Tours ($7,200) should be included inthe company's accounts receivable as of September 30. The amounts expectedfrom future tickets sales do not relate to completed transactions and not yetassets of the business.

(3) The props and costumes should be shown in the balance sheet at their cost,$18,000 not at just the portion of the cost that was paid in cash. The $15,000note payable is a debt of the business arising from a completed purchase transaction. Therefore, it should be included among the company's liabilities. The date at which this liability must be paid is not relevant.

(4) The theater building is not owned by Berkeley Playhouse. Therefore, it is notan asset of this business entity and should not appear in the balance sheet.

(5) The lighting equipment is an asset of the business and should be valued inthe balance sheet at its cost, $9,400.

(6) As the automobile is not used in the business, it appears to be Berkeley'spersonal asset rather than an asset of the business entity. Therefore, it should not be included in the balance sheet of the business. (Note: The advertised sales price of a similar automobile would not be an appropriate valuation figure even ifthe automobile were to be included.)

(7) The accounts payable should be limited to the debts of the business, $3,900,and should not include Berkeley's personal liabilities.

(8) The amount owed to stagehands for work done through September 30 is theresult of completed transactions and should be included among the liabilitiesof the business. Even if agreement has been reached with Mario Dane, he has not yet performed and, therefore, is not yet owed any money. Thus, this$25,000 is not yet a liability of the business.

(9) Owner's equity is not valued at either the original amount invested or at theestimated market value of the business. In fact, owner's equity cannot be valuedindependently of the values assigned to assets and liabilities. Rather, it is aresidual figure - the excess of total assets over total liabilities. (If liabilities exceedassets, owner's equity would be a negative amount.) Thus, the amount ofBerkeley's capital should be determined by subtracting the corrected figurefor total liabilities ($23,100) from the corrected amount of total assets ($51,500).This indicates owner's equity of $28,400.

The following items are listed in alphabetical order

Accounts Payable $3,250 Notes Receivable 1,000Accounts Receivable 1,800 Retained Earnings 6,550Advertising Expense 500 Salaries Expense 1,750Building 55,000 Salaries Payable 250Capital Stock 60,775 Sales Revenue 12,000Cash 8,200 Supplies 2,325Equipment 6,600 Supplies Expense 2,900Interest Expense 200 Utilities Expense 100Interest Receivable 1,100 Vans 4,000Notes Payable 13,000 Vehicle 3,800Requireda.Prepare the income statement of The Oven Bakery for the month ended September 30, 2007.b.Prepare the statement of Retained Earnings at September 30, 2007.c.Prepare the company's balance sheet at September 30, 2007.

The Oven Bakery

month ended September 30, 2007revenues sales revenue 12,000 expenses advertising 500 interest 200 salaries 1,750 supplies 2,900 utilities 100 5,450 net income 6,550

The Oven BakeryStatement of Retained Earnings

month ended September 30, 2007RE, May 1 - Add: Net Income 6,550 less dividends - RE, May 31 6,550

The Oven BakeryBalance Sheet

September 30, 2007assets liabilities

cash 8,200 accounts payable 3250accounts receivable 1,800 notes payable 13,000notes receivable 1,000 salaries payable 250interest receivable 1,100 16,500supplies 2,325 owner's equityequipment 6,600 capital stock 60,775building 55,000 retained earnings 6550

Income Statement

vans 4,000 vehicle 3,800 total 83,825 total 83,825

The following items are listed in alphabetical order

Accounts Payable $1,250 Notes Receivable 1,000Accounts Receivable 1,800 Retained Earnings 7,650Advertising Expense 500 Salaries Expense 750Building 52,000 Salaries Payable 250Capital Stock 59,675 Sales Revenue 11,000Cash 6,200 Supplies 2,325Equipment 5,600 Supplies Expense 1,800Interest Expense 200 Utilities Expense 100Interest Receivable 1,100 Vans 4,000Notes Payable 9,000 Vehicle 3,800Requireda.Prepare the income statement of Shoe Metro for the month ended August 31, 2007.b.Prepare the statement of Retained Earnings at August 31, 2007.c.Prepare the company's balance sheet at August 31, 2007.

Shoe Metro

month ended August 31, 2007revenues sales revenue 11,000expenses advertising 500 interest 200 salaries 750 supplies 1,800 utilities 100 3,350 net income 7,650

Shoe MetroStatement of Retained Earningsmonth ended August 31, 2007

RE, May 1 - Add: Net Income 7,650 less dividends - RE, May 31 7,650

Shoe MetroBalance Sheet

August 31, 2007assets liabilities

cash 6200 accounts payable 1250accounts receivable 1800 notes payable 9000notes receivable 1000 salaries payable 250interest receivable 1100 10,500supplies 2325 owner's equityequipment 5600 capital stock 59,675building 52000 retained earnings 7,650vans 4000vehicle 3800

Income Statement

total 77,825 total 77,825