Question: b - 1 . Prepare an income statement for the Year 2 accounting period. b - 2 . Prepare a statement of changes in equity

b-1. Prepare an income statement for the Year 2 accounting period.
b-2. Prepare a statement of changes in equity for the Year 2 accounting period.
b-3. Prepare a year-end balance sheet for the Year 2 accounting period.
b-4. Prepare a statement of cash flows for the Year 2 accounting period.
c-1. Determine the percentage of assets that were provided by retained earnings. c-2. Can you determine the cash in retained earnings?

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