Income Statement, Retained Earnings Statement, and Balance Sheet The amounts of the assets and liabilities of Glader Travel Service at September 30, 2046, the end of the current year, and its revenue and expenses for the year. The retained earnings were 542,540, and the common stock was $7,500 as of October 1, 2045, the beginning of the current year. During the current year, dividends of $20,000 were palc. $15,570 Accounts payable Accounts receivable 98,340 Common stock 15,000 Cash 168,240 Fees canned 559,800 Miscellaneous expense 4,350 Rent expense 72.500 Supplies 7.250 Supplies expense 11,600 Utilities expense 43,500 Wages expense 207,130 Instructions 1. Prepare an income statement for the current year ended September 30, 2016 Glacier Travel Service