HOMEWORK 7 (Note: There are no changes from the Homenork 7 assignment with an original due date of 1//1 ) 1. Prepare the retained earnings statement, in complete and proper form. ( 3 points) 2. Prepare the assets side of the classified balance sheet, in complete and proper form. (7 points) HOMEWYRK 8 1. Prepare the liabilities and equity side of the classified balance sheet, in complete and proper form. (10 points) - Notel Some information is not explicitly given-for example, information needed for the full required description relating to the stock accounts for proper balance sheet presentation. You must determine these (and other) details through the information that is given. Below are select account December 31,2021 (year-end) balances for The Incredibles Company. The company reports $1.70 eamings per common share outstandina on the 2021 income statement