Question: we also need to make a retained earning statement and classified balance sheet You are provided with the following information for Sandhill Co., effective as

 we also need to make a retained earning statement and classified

we also need to make a retained earning statement and classified balance sheet

You are provided with the following information for Sandhill Co., effective as of its April 30, 2022. year-end. $ 848 900 630 1.360 16,300 1.000 315 310 2,500 1,900 175 135 Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Goodwill Income tax expense Income taxes payable Insurance expense Interest expense Inventory Investment in land Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) 360 460 950 15,000 3,200 4,500 62 70 1.700 850 275 6,200 1.300 Prepare an income statement for Sandhill Co.for the year ended April 30, 2022. (Enter negative amounts using either a negative sig

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