Current Attempt in Progress Pharoah Ltd. has a September 30 fiscal year end and a \15 income tax rate. The following information is available for its 2024 year. end- 1. Eirned \\( \\$ 541.700 \\) of service revenue and incurred \\( \\$ 452,600 \\) of operating expensus. Interest expense was \\( \\$ 2,560 \\) 2. On October 5, 2023, paid \\$51.200 of dividends that had been declared on September 25, 2023: 3. On September 28,2024 , declared \\( \\$ 40,960 \\) of aividends payable on October 8,2024 4. Retained earnings on September 30.2023 , were \\( \\$ 243.200 \\). 5. Issued common shares tor \\( \\$ 25,600 \\) cash on July 2.2024 , Prepare an income statement. Journalize the adjustment for income tax assuming no income tax instaiments were made during the year. (Credit occount titles are outomatically indented when the amount is entered. Do not indent manually. If no entry is required, select \"No Entry\" for the account titles and enter Ofor the amounts. List debit entry before credit entry.) Question Part Score \\( -1 / 2 \\) Prepare a statement of retained earnings. (List items that increase retained earnings first) Prepare a statement of retained earnings. (List items that increase retained earnings first.)