Create an income statement, statement of retained earnings, and a balance sheet based on the following data.

Company Name: Uncle T Food Manufacturing Ltd.

Year end: June 30, 2023

\begin{tabular}{llrll} Opening retained earnings & $578,340 & Utility expense & $27,400 \\ Property tax expense & $32,060 & Product sales & $645,320 \\ Cash & $341,000 & Accounts receivable & $54,890 \\ Accounts payable & $95,750 & Product expense & $284,360 \\ Dividends paid & $126,600 & Loss on sale & $16,800 \\ Interest payable & $6,250 & Interest expense & $12,600 \\ \hline Salary expense & $186,100 & Rent expense & $52,000 \\ Building & $800,350 & Land & $250,000 \\ Long-term debt & $392,000 & Common stock & $500 \\ Service revenue & $466,000 & & \end{tabular}