Exercise 4-17 a1,a2-b (Video) These financial statement items are for Swifty Company at year-end, July 31, 2019. Salaries and wages payable $ 2,200 Notes payable (long-term) $ 2,200 Salaries and wages expense 51,400 Cash 13,500 Utilities expense 22,900 Accounts receivable 9,400 Equipment 30,500 Accumulated depreciation-equipment 5,500 Accounts payable 4,600 Dividends 3,400 Service revenue 61,900 Depreciation expense 4,500 Rent revenue 8,500 Retained Earnings (beginning of the year) 21,300 Common Stock 29,400 Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Swifty Company Income Statement $ $ Prepare an income statement for the year. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Swifty Company Income Statement $ $ LINK TO TEXT VIDEO: SIMILAR EXERCISE Prepare a retained earnings statement for the year. Swifty Company Retained Earnings Statement $ $ $ LINK TO TEXT VIDEO: SIMILAR EXERCISE Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) Swifty Company Balance Sheet Assets Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) Swifty Company Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity $ Liabilities and Stockholders' Equity $ $ $ LINK TO TEXT VIDEO: SIMILAR EXERCISE