8. Use the following accounts and information to prepare, in good form, an income statement and a retained earnings statement, for the month of August and a balance sheet at August 31, 2018 for Pierce Industries. Accounts payable $ 3,100 Accounts receivable 5,400 Buildings 63,000 Cash 18,600 Service revenue 25,700 Common stock 52,000 Retained earnings (beginning) 25,900 Dividends Insurance expense Supplies Notes payable Rent expense Salaries and wages expense Repairs Expense $3,000 1,200 1,400 3,300 3,400 12,000 2,000