From the information given below, prepare a November income statement, a November statement of retained earnings, and a November 30 balance sheet. On November 1, of the current year, Garza Dcor Inc. had a beginning retained earnings of $50,000. On November 30, records for Garza Dcor Inc. showed the following items and amounts.

Cash	$21,200	Revenue	$34,000
Accounts receivable	19,000	Telephone Expense	250
Office Furnishings	40,000	Rent Expense	9,600
Accounts Payable	12,000	Salaries Expense	4,200
Notes Payable (L/T)	4,250	Dividends	6,000