Andy's Autobody Shop has the following balances at the beginning of September: Cash, $10,400; Accounts Receivable, $1,200; Equipment, $39,300; Accounts Payable, $2,500; Common Stock, $20,000; and Retained Earnings, $28,400. a. Signed a long-term note and received a $96,100 loan from a local bank. b. Billed a customer $2,600 for repair services just completed. Payment is expected in 45 days. c. Wrote a check for $790 of rent for the current month d. Received $430 cash on account from a customer for work done last month. e. The company incurred $400 in advertising costs for the current month and is planning to pay these costs next month. Required: 1. Prepare journal entries for the above transactions, which occurred during a recent month. 2. Prepare an income statement. 3. Prepare a statement of retained earnings. 4. Prepare a classified balance sheet