Tunstall, Inc., a small service company, keeps its records without the help of an accountant. After much effort, an outside accountant prepared the following unadjusted trial balance as of the end of the annual accounting period, December 31, 2014 Account Titles Debit Credit
Cash 42,000
Accounts receivable 11,600
Supplies 900
Prepaid insurance 800
Service trucks 19,000
Accumulated depreciation 9,200
Other assets 8,300
Accounts payable 3,000
Wages payable
Income taxes payable
Note payable (3 years; 10% interest due each December 31) 17,000
Common stock (5,000 shares outstanding) 400
Additional paid-in capital 19,000
Retained earnings 6,000
Service revenue 61,360
Remaining expenses (not detailed; excludes income tax) 33,360
Income tax expense
Totals 115,960 115,960

The supplies count on December 31 reflected $300 in remaining supplies on hand to be used in the next year.

Insurance expired during the current year, $800.
Depreciation expense for the current year, $3,700.
Wages earned by employees not yet paid on December 3, $640.
Income tax expense, $5,540.

Required:
Prepare an income statement and a classified balance sheet that include the effects of the preceding five transactions