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dth uire ve th Reference Kate McNeil Realty Company Balance Sheet July 31, 2021 (Millions) Assets Liabilities Cash R $ 57.4 Current liabilities $ 2.1

dth uire ve th Reference Kate McNeil Realty Company Balance Sheet July 31, 2021 (Millions) Assets Liabilities Cash R $ 57.4 Current liabilities $ 2.1 E Receivables Investment assets Property and equipment, net Other assets 0.5 Long-term liabilities 102.2 79.6 Total liabilities 104.3 1.2 10.6 Stockholders' Equity Common stock 38.8 6.2 Retained earnings 45.0 Total stockholders' equity $ 149.3 $ 149.3 Total assets Total liabilities and stockholders' equity N Print Done - 1 B 2 The following are the assets and liabilities of Kate McNeil Realty Company, as of July 31, 2021. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (amounts in millions): (Click the icon to view the account balances.) Read the requirements. (Click the icon to view the balance sheet.) Requirement 1. Prepare the income statement of Kate McNeil Realty Company for the year ended July 31, 2021. (Enter all amounts in millions. If an input field is not used in the income statement leave the field empty; do not select a label or enter a zero.) Kate McNeil Realty Company Income Statement Year Ended July 31, 2021 Revenue: Expenses Net income (loss) pages Get more help- (millions) MacBook Fro Data table Total revenue Receivables Current liabilities $ 26.3 Investment assets (long-term) $ 79.6 0.5 Property and equipment, net 1.2 21 Other expenses 72 Common stock 38.8 Retained earnings, beginning 1.9 Interest expense 0.1 Retained earings, ending 7 Salary and other employee expenses 13.0 Cash 57A Long-term liabilities 102.2 Other assets (long-term) 10.8 Print Done X

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