870 1,900 Problem 2-03A You are provided with the following information for Sunland Company, effective as of its April 30, 2022, year-end. Accounts payable $ 878 Accounts receivable Accumulated depreciation equipment 700 Cash 1,370 Common stock 17,600 Cost of goods sold 1,040 Depreciation expense 340 Dividends 310 Equipment 2,450 Goodwill Income tax expense 170 Income taxes payable 140 Insurance expense 300 Interest expense 510 Inventory 1,010 Investment in land 16,720 Land 2,700 Mortgage payable (long-term) 4,500 Notes payable (short-term) Prepaid insurance Retained earnings (beginning) 1,800 Salaries and wages expense 650 Salaries and wages payable Sales revenue 5,800 Stock investments (short-term) 1,300 62 220 Prepare an income statement for Sunland Company for the year ended April 30, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or pare. e.g. (45).) SUNLAND COMPANY Prepare a retained earnings statement for Sunland Company for the year ended April 30, 2022. (use tems that increase retained earnings in SUNLAND COMPANY Retained Earnings Statement CALCIATOR PRINTER VERSION BACK Prepare a classified balance sheet for Sunland Company as of April 30, 2022. (List Current Assets in order of liquidity.) SUNLAND COMPANY Balance Sheet CALCULATOR PRINT Liabilities and Stockholders' Equity