Assume that you are the owner/operator of College Park Veterinary Clinic. At the end of the second year of operations (June 30, 2020), the following financial data for the company are available: Cash $ 6,000 Accounts Receivable Supplies Property and Equipment Other Assets Accounts Payable Notes Payable Other Liabilities Sales Revenue Operating Expenses Selling and Administrative Expenses Advertising and Marketing Expenses Interest Expense Retained Earnings, July 1, 2019 Contributed Capital Dividends 151,000 35,000 232,500 14,500 70,250 200,000 25,900 245,000 192,700 45,900 22,800 5,500 50,000 137,000 22,250 Required: 1. Prepare an income statement for the year ended June 30, 2020. (Negative amounts should be indicated by a minus sign.) COLLEGE PARK VETERINARY CLINIC Income Statement For the Year Ended June 30, 2020 Vehicles Expenses 0 Total expenses 2. Prepare a statement of retained earnings for the year ended June 30, 2020. (Negative amounts should be indicated by a minus sign.) COLLEGE PARK VETERINARY CLINIC Statement of Retained Earnings For the Year Ended June 30, 2020 Retained earnings, July 1, 2019 Retained earnings, June 30, 2020 $ 3. Prepare a balance sheet at June 30, 2020. COLLEGE PARK VETERINARY CLINIC Balance Sheet At June 30, 2020 Assets Total assets Liabilities Total liabilities Shareholders' equity Total shareholders' equity Total liabilities and shareholders' equity $ 0 0 $ EA