Question: 18. Using the following information, complete the income statement, statement of retained eamings, and balance sheet for MJ Painting for the month of March 2024.

18. Using the following information, complete the income statement, statement of retained eamings, and balance sheet for MJ Painting for the month of March 2024. The business began operations on March 1, 2024 (Click the icon to view the account balances) Begin by preparing the income statement for MJ Painting for the month of March 2024 (t a box is not used in the table leave the box empty, do not select a label or enter a zero) Net Incame Accounts Receivable $ 1,200 Salaries Expense $ 1,300 Accounts Payable 900 Service Revenue 8,000 Cash 23,500 Office Supplies 2,000 Stock issued during March 45,000 Truck 24,500 Dividends paid during March 1,000 Utilities Expense 400

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