Finish the last part b)

Current Attempt in Progress Flounder Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. Flounder Company Adjusted Trial Balance July 31, 2022 No. Account Titles Debit Credit 101 Cash $8,000 112 Accounts Receivable 9,500 157 Equipment 16,500 158 Accumulated Depreciation-Equip. $7,300 201 Accounts Payable 4,100 208 Unearned Rent Revenue 2,100 311 Common Stock 16,900 320 Retained Earnings 27,400 332 Dividends 16,000 400 Service Revenue 64,500 429 Rent Revenue 7,000 711 Depreciation Expense 8,000 726 Salaries and Wages Expense 55,800 732 Utilities Expense 15,500 $129,300 $129,300{a 1) Your answer has been saved. See store details after the due date' Prepare an income statement for the yea r. (Enter negative amounts using either a negative sign preceding the number eg. ~45 or parentheses e3. [45].} Flounder Company Income Statement FortheYear Ended July31, 2022 V Revenues V Service Revenue $ 64500 Rent Revenue 3"000 Total Revenues V $ 71500 Expenses V Depreciation Expense $ 8000 Salaries and Wages Expense 55300 Utilities Expense 15500 Total Expenses V 79300 Net Income I {Loss} V $ ?800 Attempts: 1 of 1 used Using multiple attempts will impact your score. 25% score reduction after attempt l (a2) Your answer has been saved. See score details after the due date. Prepare a retained earnings statement for the year. Flounder Company Retained Earnings Statement For the Year Ended July 31, 2022 v Retained Earnings, August 1, 2021 v 27400 Add Net Income / (Loss) 7800 Less Dividends 16000 23800 Retained Earnings, July 31, 2022 $ 3600 Attempts: 1 of 1 used Using multiple attempts will impact your score. 25% score reduction after attempt 1Prepare a classified balance sheet at July 31. (List Current Assets in order of liquidity.) Flounder Company Balance Sheet Assets $ $ Liabilities and Stockholders' Equity $ $