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Marigold Corp. Retained Earnings Statement For the Month Ended May 31, 2022 Retained Earnings, May 1 Retained Earnings, May 31 $ 2150 0 Marigold Corp. Income Statement For the Month Ended May 31, 2022 Revenues Service Revenue $7,100 Expenses Rent Expense $ 1,100 Maintenance and Repairs Expense Gasoline Expense Utilities Expense Advertising Expense Total Expenses Net Income / (Loss) On May 1, Marigold Corp., a company that provides flying lessons, was started by using common stock in exchange for cash of $45,300. Following are the assets and liabilities of the company on May 31, 2022, and the revenues and expenses for the month of May