Pleaee help me with the above accounting question, both a & b will give good rating ! thank you in advance :)

Question 2: Macaroon Corporation's capital structure consists of 20,000 common shares. At December 31, 2017 an analysis of the accounts and discussions with company officials revealed the following information: $1,200,000 18,000 Sales Sales discounts Cost of sales 747,000 Selling expenses 60,000 Accounts receivable 128,000 Cash 90,000 Common shares 200,000 Accumulated depreciation 180,000 Dividend revenue 18,000 Inventory, December 31, 2017 125,000 Unearned service revenue 4,400 Accrued interest payable Land 1,000 370,000 Patents 100,000 Retained earnings, January 1, 2017 Interest expense 270,000 17,000 General and administrative expenses 160,000 Dividends declared 29,000 Notes payable (maturity July 1, 2020) Machinery and equipment Materials and supplies Accounts payable 200,000 450,000 40,000 60,000 Assume all adjusting entries have been made. The company is subject to a 30% income tax rate. Instructions Prepare, in good form, a multiple-step income statement Prepare, in good form, a retained earnings statement. a) b)