*Problem 2-2A These items are taken from the financial statements of Martin for 2017 Retained earnings (beginning of year) Utilities expense Equipment Accounts payable $31,000 2,000 66,000 18,300 10,100 3,000 Salaries and wages payable Common stock Dividends 12,000 68,000 3,500 Maintenance and repairs expense 3,600 11,700 Salaries and wages expense Accumulated depreciation-equipment 37,000 17,600 Prepare an income statement for th e year ended December 31, 2017 Income Statement Prepare a retained earnings statement for the year ended December 31, 2017. (List items that increase retained earnings first.) Martin Corporation Retained Earnings Statement Prepare a classified balance sheet as of December 31, 2017. (List current assets in order of liquidity.) Martin Corporation Balance Sheet Assets Liabilities and Stockholders' Equity