This Information Relates to Connor Co Instructions
After Analyzing the Data, Prepare an Income Statement and \begin{array}{lr}
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This information relates to Connor Co. for the year 2014. $\begin{array}{lr}\text { Retained earnings, January } 1,2014 & \$ 59,000 \\\text { Advertising expense } & 1,800 \\\text { Dividends paid during } 2014 & 9,000 \\\text { Rent expense } & 10,400 \\\text { Service revenue } & 52,000 \\\text { Utilities expense } & 2,400 \\\text { Salaries and wages expense } & 25,000\end{array}$ Instructions
After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2014.