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Amounts of the assets and abilities of David Austin Realty Company, as of July 31, 2018, are given as foliows. Also included are revenue, expense

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Amounts of the assets and abilities of David Austin Realty Company, as of July 31, 2018, are given as foliows. Also included are revenue, expense and selected Mockholders' equily figures for the year ended on that date amounts in miliona (Click the loon to view the account balances) Click the loon to view the balance sheet.) Read the requirements Requirement 1. Prepare the income statement of David Austin Realty Company for the year ended My 31, 2018. (Enteral amounts in millions. If a box is not used in the income statement leave the box empty, do not selectablertera) Data Table millions) Revenue David Austin Realty Company Balance Sheet July 31, 2018 Expenses Assets Cash $ 1024 1045 Net income (0) Receivable vement Property and equipment, net Others $ 57.8 Current 08 Long term 776 Total 13 104 Stockholders' Equity Common CR Retained eaming Total stockholders' equity $ 1473 Total abies and stockholders Data Table 36 48 43.4 Total revenue Receivables Total assets Current Babases 29.4 Investment assorg terms 776 0.8 Property and equipment.net 13 2.1 Other expon. 66 386 Retained earnings, beginning. 12 0.1 Retained earnings, ending 48 13 9 Cash 57.8 102.4 Other assets (long-term Print Done Common stock Interest expense Salary and other employee expenses Long-term lates Print Done Clear Al Requirements 1. Prepare the income statement of David Austin Realty Company for the year ended July 31, 2018. 2. What amount of dividends did David Austin declare during the year ended July 31, 2018? (Hint: Prepare a statement of retained earnings.) Print Done

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