Cromwell Corp. Balance Sheet December 31, 2018 Assets Cash TA A 4,695 Accounts Receivable 2,580 Supplies 965 Office Furniture 13,185 Total Assets $ Liabilities Accounts Payable 1,945 Stockholders' Equity Common Stock 10,000 Retained Earnings 3,600 X Total Stockholders' Equity b) Total Liabilities and Stockholders' Equity Prepare a statement of retained earnings. Cromwell Corp. Statement of Retained Earnings For the Year Ended Dec. 31, 2018 Retained Earnings, January 1, 2018 Net Income Subtotal Q000 Dividends Retained Earnings, December 31, 2018 $ Cromwell Corp. Income Statement For the Year Ended Dec. 31, 2018 Fees Earned 23,850 Expenses: Rent Expense 12,240 Electricity Expense 1,380 Miscellaneous Expenses 1,450 Total Expenses Net Income 7,780 X .do?invoker=&takeAssignmentSessionLocator=&inprogress=false ES A Paused Update PrintHem Cromwell Corporation has the following trial balance account balances, given in no certain order, as of December 31, 2016. Using the information provided, prepare Cromwell's annual financial statements comit the Statement of Cash Flows): Supplies $965 Fees earned 23,850 Accounts receivable 2,580 Accounts payable 1,945 Office Furniture 13,185 Rent expense Retained earnings 12,240 3,600 Cash 4,695 1,380 Electricity expense Common stock 10,000 Miscellaneous expenses 1,450 Dividends 2,900 Prepare an income statement