Below is the trial balance of Fantasy Company on December 31, 2015. The accounts are listed in alphabetical order and all accounts have normal balances. Account Title: Balance: Account Title: Balance: Accounts Payable 990 Land 5,000 Accounts Receivable 735 Long-Term Notes Payable 18,000 Accum. Depr. - Bldngs. 9,300 Merchandise Inventory 690 Accum. Depr. - Equip. 2,200 Miscellaneous Revenues 110 Administrative Expenses 1,310 Prepaid Insurance 110 Buildings 35,000 Retained Earnings 7,000 Cash 1,350 Salaries Payable 220 Common Stock 15,000 Sales 10,600 Cost of Goods Sold 4,732 Sales Discounts 950 Dividends Declared 450 Sales Returns & Allowances 1,200 Equipment 9,500 Selling Expenses 1,870 Interest Expense 188 Supplies 455 Interest Payable 120 REQUIRED: Prepare the financial statements for the year for Fantasy Company--a multi-step income statement, a statement of retained earnings and a classified balance sheet.