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 $ 262,500 56,500 43,900 122,400 350, 80e 1,865,300 724,800 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 $162,000 as of January 1, Year 3, and paid out $46,000 in dividends during Year 3 Complete this question by entering your answers in the tabs below. Required A Required B Type here to search JUULUU Wuses Apelse 12,000 Required: a. Calculate the net income for the Green Thumb, Inc. for Year 3. pare a statement of retained earnings for Green Thumb, Inc. for Year 3. as of January 1, Year 3, and paid out $46,000 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 Required B > Complete this question by entering your answers in the tabs below. Required A Required B Prepare a statement of retained earings for Green Thumb, Inc. for Year 3. Assume the company had retained earnings of $162,000 as of January 1, Year 3, and pald out $46,000 in dividends during Year 3. eflook D 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 (Required A