3) Assembly of Financial Statements. Corporation "X" had the following balances in its accounts as of December 31, 2021: Machinery and Equipment $15,000; Cash$10,000; Sales $30,000; Capital Stock $10,000; Accounts Payable $9,000; Retained earnings as of January 1, 2021 $4,000; Advertising Expenses $2,000; Dividends paid to Partners $3,000; Cost of Product Sold $18,000; Sales Commissions $5,000. With this information, prepare: a) An Income Statement (P&L) for the elapsed period; b) A Balance Sheet as of December 31, 2021 and c) A Statement of Retained Earnings