Complete an income statement, statement of retained earnings and balance sheet for this information Ticket revenue $$205,000$

Equipment rent expense $$75,000$

Film rent expense $$78,400$

Concession revenue $$54,600$

Advertising expense $$43,600$

Salaries expense $$85,000$

Utilities expense $$39,100$

Cash dividends declared and paid $$37,000$

Balance sheet amounts at June $30$ include the following:

Cash $$165,000$

Land $$173,000$

Accounts payable $$112,600$

Capital stock $$139,000$

Retained earnings as of $20$XX June $1$ $$109,900$