The adjusted trial balance of Honeybee Hams Inc. follows.

Requirement
Prepare Honeybee Hams's income statement and statement of retained earnings for the year ended December 31, 2017, and its balance sheet on that date. Draw arrows linking the three statements?

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Honeybee Hams Inc. Adjusted Trial Balance December 31, 2017 Adjusted Trial Balance Debit 2 3 (in thousands of dollars) 4 Cash 5 Accounts receivable 6 Inventories 7 Prepaid expenses Credit $ 3,300 1,800 1,100 1,900 6,600 8 Capital assets 9 Accumulated de 10 Other assets 11 Accounts payable 12 Income tax payable 13 Other liabilities 14 Share capital 15 Retained earnings (December 31, 2016) 16 Dividends 17 Sales revenue 18 Cost of goods sold 19 Selling, administrative, and general expense 20 Income tax expense 21 ion S 2,400 9,900 7,700 600 2,200 4,900 4,500 1,700 41,000 25,000 10,000 2,000 $63,300 63,300