During 2018, Ripley Company earned revenues of S152 million. i (Click the icon to view additional information.) Read the requirements Requirement 1. Prepare the income statement (with a proper heading) for 2018. (Enter all amounts in millions. If a box is not used in the income statement, leave the box empty; do not select a label or enter a zero.) Ripley Company Balance Sheet December 31, 2018 i More Info - X (millions) Revenue: Revenue Ripley incurred during that same year, salary expense of S25 million, rent expense of S24 million, and utilities expense of $17 million. Ripley declared and paid dividends of $10 million during the year. At Expenses: December 31, 2018, Ripley had cash of $150 million, accounts receivable of $45 million, property and equipment of $38 million, and other long-term assets of $20 million. At December 31, 2018, the company owed accounts payable of S62 million and had a long-term note payable of 532 million. Ripley began 2018 with a balance in retained earnings of S75 million. At December 31, 2018, Ripley had total stockholders' ecuity of $159 million, which consisted of common stock and retained carnings. Ripley has a year end of December 31, Print Done Net Income (ons)