Data Table OUT Www Credit Account Cash Debit 3,800 1,200 2,600 1,200 16,900 2,200 9,200 Accounts receivable Inventories Prepaid expenses Property, plant, and equipment Accumulated depreciation property, plant, and equipment Other assets Accounts payable Income tax payable Other liabilities Common stock Retained earnings (beginning, December 31, 2017) Dividends Sales revenue Cost of goods sold Selling, administrative, and general expenses Income tax expense 7,800 400 2,300 14,900 5,900 1,800 41,000 25,200 10,200 2,400 74,500 $ $ 74,500 Print Done The adjusted trial balance of Honeyglazed Hams, Inc., follows. E: (Click the icon to view the adjusted trial balance.) Requirement 1. Prepare Honeyglazed Hams, Inc.'s singlo-step income statement and statement of retained earnings your spelling carefully and do not abbreviate.) Lers start by completing the single step income statement (Ir a box is not used in the income statement leave Honeyglazed Hams, Inc. Income Statement Year Ended December 31, 2018 Thousands Revenues: Expenses: Income before tax Net income Prepare the Honeyglazed Hams, Inc. statement of retained earnings for the year ended December 31, 2018. (ing Honeyglazed Hams, Inc. Statement of Retained Earninas Enter any number in the edit fields and then continue to the next question. M The adjusted trial balance of Honeyglazed Hars, Inc., follows. (Click the icon to view the adjusted trial balance.) 1. Requirement Prepare Honeyglazed Hams, Inc.'s single-step income statement and stateme your spelling carefully and do not abbreviate.) Prepare the Honeyglazed Hams, Inc. statement of retained earnings for the year ende Honeyglazed Hams, Inc. Statement of Retained Earnings Year Ended December 31, 2018 Thousands Retained earnings, December 31, 2017 Add: Subtotal Less: Retained earnings, December 31, 2018 Prepare the Honeyglazed Hams, Inc. balance sheet at December 31, 2018. First, comple current and long-term sections. If a box is not used in the balance sheet leave the box el Honeyglazed Hams, Inc. Balance Sheet December 31, 2018 Assets Enter any number in the edit fields and then continue to the next question. The adjusted trial balance of Honeyglazed Hams, Inc., follows. (Click the icon to view the adjusted trial balance.) Requirement 1. Prepare Honeyglazed Hams, Inc.'s single-step income statement and statement of retained earnings for the year ende your spelling carefully and do not abbreviate.) Honeyglazed Hams, Inc. Balance Sheet December 31, 2018 Assets / / FR / /// | 1 // || |||| || | SILI | INI || IIIIIIIII | || | IN || | llllll | III L Less: | | Total assets || Enter any number in the edit fields and then continue to the next question. ti estion MacBook Requirement Preparo Honeyglazed Hams, Inc.'s single-step income statement and statement of retained earnings for the year ended Dec your spelling carefully and do not abbreviate.) Less: Total assets Liabilities Total liabilities // V Stockholders' Equity / / Total stockholders' equity Total liabilities and stockholders' equity Enter any number in the edit fields and then continue to the next