Carla Vista Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburtsan shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30,2022, these accounts appeared in its adjusted trial balance Accounts Payable $ 34,200 Accounts Receivtele 22.200 Accumulated Depreciation Equipment 88.400 Cash 10.400 Common Stock 45.500 Cost of Goods Sold 293.500 Freight Out 8,630 Equipment 206850 Depreciation Expense 17.900 Dividends 100 Gain de Disposal of plants 2000 Gain on Disposal of Plant Assets 2,600 Income Tax Expense 13,000 N. Insurance Expense 11.700 Interest Expense 6.500 Inventory 33.900 Notes Payable 56,550 Prepaid Insurance 7,800 Advertising Expense 43.550 Rent Expense 46.200 Retained Earning 18-300 Salaries and Wages Exponse 154,320 Sal Revenue 1.175.000 Salaries and Wages Payable 7,800 Sales Returns and Allowances 26.000 Advertising Expense er yo 43,550 D. Rent Expense 44,200 Retained Earnings 18,300 Salaries and Wages Expense 154,320 Sales Revenue 11.176.000 Salaries and Wages Payable 7.800 Sales Returns and Allowances 26,000 Utilities Expense 13.300 Additional data: Notes payable are due in 2026 CARLA VISTA DEPARTMENT STORE Retained Earnings Statement For the Year Ended November 30, 2022 Add v Les eTextbook and Media