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This information relates to Benser Co. for the year 2017. Retained earnings, January 1, 2017 ................ $67,000 Advertising expense ................................. 1,800 Dividends ............................................. 6,000 Rent expense .......................................... 10,400 Service revenue ....................................... 58,000 Utilities expense ...................................... 2,400 Salaries and wages expense ........................ 30,000 Instructions After analyzing the data, prepare an income statement and a retained earnings statement for the year ending December 31, 2017.
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