(Answered) Retained earnings january 1 201150000advertising

Accounting

Retained earnings, January 1, 2011	$50,000	Advertising expense	$1,800
Dividends during 2011	5,200	Rent expense	10,400
Service revenue	62,500	Utilities expense	3,100
Salaries expense	28,000

After analyzing the data, complete the income statement and retained earnings statement below for the year ending December 31, 2011. (List amounts from largest to smallest eg 10, 5, 3, 2. Enter all amounts as positive amounts and subtract where necessary.)

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