Andy's Autobody Shop has the following balances at the beginning of September: Cash, $11,100; Accounts Receivable, $1,300; Equipment, \$40,900; Accounts Payable, \$2,300; Common Stock, \$20,000; and Retained Earnings, \$31,000. a. Signed a long-term note and received a $100,900 loan from a local bank. b. Billed a customer $2,300 for repair services just completed. Payment is expected in 45 days. c. Wrote a check for $860 of rent for the current month. d. Received $390 cash on account from a customer for work done last month. e. The company incurred $430 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. Prepare a classified balance sheet. ANDY'S AUTOBODY SHOP Balance Sheet