Tar Heel Corporation provides information for the following end of 2021 Salaries payable to workers at the end of the year $1,600 Advertising expense for the year 8,700 Building that has been purchased 63,000 Supplies at the end of the year 2,900 Retained earnings 33,800 Utility expense for the year 4,300 Note payable 16,500 Service revenue during the year 60,900 Salary expense 25,000 Accounts payable to suppliers 6,000 Dividends paid to shareholders during the year ? Common stock issued including $4,000 issues this year 23,000 Cash remaining 3,500 Interest expense for the year 1,250 Accounts receivable from customers 11,500 Retained earnings at the beginning of the year 21,450
Kindly compute the income statement,
Tar Heel Corporation provides information for the following end of 2021
Salaries payable to workers at the end of the year $1,600
Advertising expense for the year 8,700
Building that has been purchased 63,000
Supplies at the end of the year 2,900
Utility expense for the year 4,300
Note payable 16,500
Service revenue during the year 60,900
Salary expense 25,000
Accounts payable to suppliers 6,000
Dividends paid to shareholders during the year ?
Common stock issued including $4,000 issues this year 23,000
Cash remaining 3,500
Interest expense for the year 1,250
Retained earnings at the beginning of the year 21,450
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