D Financial Statements The following are the amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained earnings were $54,140 on January 1, 2018, the beginning of the year. During the year, dividends of $29,200 were paid. Accounts payable $19,570 Accounts receivable 69,780 Cash 211,520 Common stock 15,000 Fenseamed 712,400 Land 50,000 Miscellaneous expense 5,540 go Rent expense 92,260 Supplies 9,110 SO Supplies expense 14,760 Utilities expense 55,350 Wages expense 263,590 LGO LGO Required: 1. Prepare an income statement for the year ended December 31, 2018 Journey Travel Agency Income Statement Check My Work 2 more Check My Work uses remaining 5 items 32.5% 10 All work saved ATSA tv A Previous Save and Ext Submit Assignment for Grading < Required: 1. Prepare an income statement for the year ended December 31, 2018. Journey Travel Agency Income Statement For the Year Ended December 31, 2018 Expenses: Total expenses 100 eBook Show Me How Print Item 2. Prepare a retained eamings statement for the year ended December 31, 2018. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Journey Travel Agency Retained Earnings Statement For the Year Ended December 31, 2018 100 ALGO ALGO Journey Travel Agency Balance Sheet December 31, 2018 Assets 5.ALGO ZALCO 89 Algo 102.Algo 104.Algo 6. ALGO Total assets Liabilities Stockholders Equity 00 0 0 -08 -16 1-17 Total stockholders' equity Total liabilities and stockholders' equity. 4. What item appears on both the retained eamings statement and the balance sheet