A list of Year 3 revenues and expenses for Green Thumb, Inc. is provided below Advertising and Promotion Expenses Income Tax Expense Interest Expense Other Expenses Other Selling & Administrative Expenses Sales Revenue Salaries and Wages Expense $ 264,300 56,688 44,e80 124,200 352,600 1,874,300 726,600 Required: a. Calculate the net income for the Green Thumb, Inc. for Year 3. b. Prepare a statement of retained earnings for Green Thumb, Inc. for Year 3. Assume the company had retained earnings of $163,800 as of January 1, Year 3, and paid out $46,180 in dividends during Year 3 Complete this question by entering your answers in the tabs below. Required B Required A a. Calculate the net income for the Green Thumb, Inc. for Year 3 b. Prepare a statement of retained earnings for Green Thumb, Inc. for Year 3. Assume the company had retained earnings of $163,800 as of January 1, Year 3, and paid out $46,180 in dividends during Year 3 Complete this question by entering your answers in the tabs below. Required A Required B Calculate the net income for the Green Thumb, Inc. for Year 3 Net Income Prepare a statement of retained earnings for Green Thumb, Inc. for Year 3. Assume the company had retained earnings of $163,800 as of January 1, Year 3, and paid out $46,180 in dividends during Year 3. GREEN THUMB, INC. Statement of Retained Earnings For the Year Ended December 31, Year 3 Retained Earnings, January 1, Year 3 Retained Earnings, December 31, Year 3