During 2018, Edwin Company earned revenues of $150 million. i (Click the icon to view additional information.) Edwin incurred, during that same year, salary expense of $34 million, rent expense of $23 million, and utilities expense of $16 million. Edwin declared and paid dividends of $16 million during the year. At December 31, 2018, Edwin had cash of $185 million, accounts receivable of $70 million, property and Read the requirements. equipment of $35 million, and other long-term assets of $22 million. At December 31, 2018, the company owed accounts payable of $56 million and had a long-term note payable of $26 million. Edwin began 2018 with a balance in retained earnings of $73 million. At December 31, 2018, Edwin had total stockholders' Requirement 1. Prepare the income statement (with a proper heading) for 2018. equity of $230 million, which consisted of common stock and retained earnings. Edwin has a year-end of label or enter a zero.) December 31. Print Done (million Revenue: Expenses: Net income (loss)