18. Using the following information, complete the income statement, statement of retained earnings, and balance sheet for XO 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 XO Painting for the month of March 2024. (If a box in not used in the table leave the box empty, do not select a label or enter a zen Data table Accounts Receivable Accounts Payable 69 $ 1,500 Salaries Expense EA $ 1,600 1,600 Service Revenue 10,500 Cash 25,000 Office Supplies 1,600 Stock issued during March 40,000 Truck 18,500 Dividends paid during March 3,500 Utilities Expense 400