Debit Credit Account 27,400 Cash Accounts Receivable 4,900 Supplies 3,300 Prepaid Insurance 6,000 Land held for Investment 25,000 Land 42,800 Apartment Building 152,000 Furniture 50,000 Accumulated Depreciation 41,100 Accounts Payable 6,500 Unearned Rent Revenues. 7,400 Long Term Note Payable - due in one year 8,000 Long Term Note Payable 72,000 Common Stock 112,700 Retained Earnings 35,700 Dividends. 5,000 Rent Revenue 110,700 Depreciation expense 10,000 Repair expense 3,600 Salaries expense 52,200 Utilities expense 9,400 Supplies expense 1,500 Insurance expense 1,000 Total 394,100 394,100 REQUIRED: Use this trial balance to create a) Income Statement b) Retained Earning Statement c) Balance Sheet