Ch 1 Homework Part 3 of 5 Required information Problem 1-33A Interrelationships among financial statements LO 1-2, 1-3, 1-5, 1-6, 1-7 The following information applies to the questions displayed below.) 66 pints Pratt Corp. started the Year 2 accounting period with total assets of $34.000 cash, $14,000 of liabilities, and $9,000 of retained earnings. During the Year 2 accounting period, the Retained Earnings account increased by $11,550. The bookkeeper reported that Pratt paid cash expenses of $28,000 and paid a $2.400 cash dividend to stockholders, but she could not find a record of the amount of cash revenue that Pratt received for performing services. Pratt also paid $7,000 cash to reduce the liability owed to a bank, and the business acquired $7,700 of additional cash from the issue of common stock. Assume all transactions are cash transactions. Print Problem 1-33A Part c. Prepare the Year 2 balance sheet References PRATT CORP Balance Sheet As of December 31, Year 2 Assets Cash . Total assets Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity 50 wwwwwwwwwwwwwwwww