Blossom Company began operations on January 1, 2017. The following information is available for Blossom Company on December 31, 2017.

Accounts payable		$ 7,000		Notes payable		$ 11,000
Accounts receivable		4,000		Rent expense		12,000
Advertising expense		4,270		Retained earnings		?
Cash		5,100		Service revenue		29,000
Common stock		17,000		Supplies		3,900
Dividends		4,500		Supplies expense		1,430
Equipment		28,800

Prepare a retained earnings statement for Blossom Company. (List items that increase retained earnings first.)

Prepare a balance sheet for Blossom Company. (List assets in order of liquidity.)

Prepare an income statement for Blossom Company. Blossom Company Income Statement For the Year Ended December 31, 2017 Revenues Revenues Service Revenue Expenses Service Revenue $ [ 29000 29000 Expenses Advertising Expense 4270 i Rent Expense 12000 i Supplies Expense 1430 Total Expenses 17700 i Net Income /(Loss) 11300 Blossom Company Retained Earnings Statement For the Year Ended December 31, 2017 v Retained Earnings, January 1 $ Ad Net Income /(Loss) Less : Dividends Dividends Retained Earnings, December 31 v $ Blossom Company Balance Sheet December 31, 2017 Assets Cash ta t Total Assets . Liabilities and Stockholders' Equity $