Carter Company reported its balance sheet at May 31, 2019. Assume the following alphabetically listed accounts...

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Carter Company reported its balance sheet at May 31, 2019. Assume the following alphabetically listed accounts were included in its trial balance immediately prior to preparing the financial statements. Accounts Payable Accounts Receivable. Accumulated Depreciation Cash Common Stock Depreciation Expense Dividends Equipment Goodwill Income Tax Expense Income Tax Payable Interest Expense Interest Receivable Interest Revenue Carter Company Adjusted Trial Balance. At May 31, 2019 (millions of dollars) Notes Payable (long-term) Notes Payable (short-term) Office Expenses Prepaid Rent Rent Expense Repairs and Maintenance Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Supplies Transportation Expense. Debit $ 7,000 6,900 4,400 370 42,100 5,800 1,900 300 210 7,740 1,850 4,500 3,900 18,600 650 13,900 $ 120,120 Credit $ 4,900 21,600 4,700 1,900 220 9,700 1,300 15,900 3,700 56,200 $ 120, 120 3 Required: 3-a. Prepare an income statement for the year ended May 31, 2019. 3-b. Prepare a statement of retained earnings for the year ended May 31, 2019. 3-c. Prepare a classified balance sheet at May 31, 2019. Required information Req 3A Req 3B Req 3C Prepare an income statement for the year ended May 31, 2019. (Enter your answers in millions, not in whole dollars.) Carter Company Income Statement (in millions) 0 Req 3A Req 3B Prepare a statement of retained earnings for the year ended May 31, 2019. (Enter your answers in mili dollars.) Req 3C Carter Company Statement of Retained Earnings (in millions) Beginning Balance, 6/1/2018 Ending Balance, 5/31/2019 $ < Req 3A Req 3C 3 Part 3 of 3 points eBook Print References Required information Req 3A Prepare a classified balance sheet at May 31, 2019. (Enter your answers in millions, not in whole dollars. Amounts to be deducted s be indicated by a minus sign.) Req 38 Req 3C Carter Company Balance Sheet (in millions). $ 0 0 0 0 0 0 0 Carter Company reported its balance sheet at May 31, 2019. Assume the following alphabetically listed accounts were included in its trial balance immediately prior to preparing the financial statements. Accounts Payable Accounts Receivable. Accumulated Depreciation Cash Common Stock Depreciation Expense Dividends Equipment Goodwill Income Tax Expense Income Tax Payable Interest Expense Interest Receivable Interest Revenue Carter Company Adjusted Trial Balance. At May 31, 2019 (millions of dollars) Notes Payable (long-term) Notes Payable (short-term) Office Expenses Prepaid Rent Rent Expense Repairs and Maintenance Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Service Revenue Supplies Transportation Expense. Debit $ 7,000 6,900 4,400 370 42,100 5,800 1,900 300 210 7,740 1,850 4,500 3,900 18,600 650 13,900 $ 120,120 Credit $ 4,900 21,600 4,700 1,900 220 9,700 1,300 15,900 3,700 56,200 $ 120, 120 3 Required: 3-a. Prepare an income statement for the year ended May 31, 2019. 3-b. Prepare a statement of retained earnings for the year ended May 31, 2019. 3-c. Prepare a classified balance sheet at May 31, 2019. Required information Req 3A Req 3B Req 3C Prepare an income statement for the year ended May 31, 2019. (Enter your answers in millions, not in whole dollars.) Carter Company Income Statement (in millions) 0 Req 3A Req 3B Prepare a statement of retained earnings for the year ended May 31, 2019. (Enter your answers in mili dollars.) Req 3C Carter Company Statement of Retained Earnings (in millions) Beginning Balance, 6/1/2018 Ending Balance, 5/31/2019 $ < Req 3A Req 3C 3 Part 3 of 3 points eBook Print References Required information Req 3A Prepare a classified balance sheet at May 31, 2019. (Enter your answers in millions, not in whole dollars. Amounts to be deducted s be indicated by a minus sign.) Req 38 Req 3C Carter Company Balance Sheet (in millions). $ 0 0 0 0 0 0 0