Using Year $7$ data, prepare an income statement for the month ended December $31.$ Important! Be sure to click the correct Year at the top of the dashboard.

$\backslash$table$[[$ACCEL$],[$Income Statement$],[$For Year Ended December $31],[$Revenues$],[$Consulting revenue,$$,34,000,,],[$Rental revenue,,$7,000,,],[$Total Revenues,,$41,000],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[\{$

$\backslash$table$[]\}],[],[,,,,0],[,,,,]]$

Requiredi

Complete this question by entering your answers in the tabs below.

Required $1$

Requir$$d $2$

Required $3$

Using Year $7$ data, prepare a statement of retained earnings for the month ended December $31.$ The retained earnings account balance at December $1$ was $$0.$ Hint: Use the net income calculated in part $1.$ Important! Be sure to click the correct Year at the top of the dashboard.

$\backslash$table$[[$ACCEL$,],[$Statement of Retained Earnings,$],[,],[,],[,],[,],[,],[,],[,$$