Taser Consulting End-of-Period Spreadsheet Based on the preceding spreadsheet, prepare an income statement for Taser Consulting. Feedback Check My Work Revenue and expense accounts flow into the income statement. Recall that revenues include fees earned for services. The first item normally on the statement of retained earnings is the beginning balance of retained earnings. This balance will be changed positively by any net income, and negatively by any net losses and dividends. Assets (including contra-assets, like Accumulated Depreciation), liabilities, and the retained earnings account flow into the balance sheet. Learning Objective 1 , Learning Objective 2 Based on the preceding spreadsheet, prepare a retained earnings statement for Taser Consulting. Based on the preceding spreadsheet, prepare a retained earnings statement for Taser Consulting. Based on the preceding spreadsheet, prepare a balance sheet for Taser Consulting. October 31, 2018 Assets Current assets: Cash Accounts receivable 9,82023,370 Supplies Total current assets Property, plant, and equipment: Total property, plant, and equipment Total assets Liabilities Current liabilities: Accounts payable Salaries payable Total liabilities 22,99050,600 Stockholders' Equity \begin{tabular}{lr} Common stock & \\ Retained earnings & 7,900 \\ \hline \end{tabular} Total stockholders' equity Total liabilities and stockholders' equity 23,84050,600