i need help with this question... the data table shows what should be usable but i dont remember how to go about this problem

motor cord inc, the retained earnings balance of the coporation is 4,300 at december 31, 2017. during 2018 the corporation paid $5,000 in dividends to its stockholders. at december 31, 2018 the business accounting records show these balances

Reach 3.000 Ne 13.000 1.000 AL 100 3700 130 Rouwde TO Motor Cord Inc restores antique automobiles. The retained earnings balance of the corporation was $4,300 at December 31, 2017 During 2018, the corporation show these balances Click the icon to view the accounts) Read the requirements Requirement 1. Identify each amount shown as an asset, liability, or stockholders' equity Account Balance Type of Account Account Balance Type of Account Accounts receivable 5 8.000 Cash S 16,000 Note payable 19.000 Accounts payable 4,000 Retained earnings 2 Advertising expense 1,500 Salaries expense 21.000 Service revenue 80,000 Equipment 0.000 Common stock 27 000 Insurance expense 6.000 Rent expense 3.700 Utilities expense 1,300 Supplies 1,800 Requirement 2a Prepare the income statement for Motor Cord, Inc. for the year ended December 31 2018 Start with the heading and then complete the rest of the statement (If a box is not used in the statement, leave the box omply do not select a label or enter au) Data Table - Revenue $ 8.000 3 Expenses Accounts receivable Note payable Retained earnings Salas expense Equipment Insurance expense Ulities expense 19.000 2 21 000 70,000 6000 1.300 Cash Accounts payable Advertising expense Service rovence Common stock Rent expense Supplies 16,000 4.000 1.500 80 000 27,000 3.700 1.300 Total expenses Non income Print Done Requirement 2. Prepare the statement of retained earnings for Motor Cord Inc for the year anded December 31, 2018