Efendi Cernpanv hired an accdunting intern. Pat I'I-lc-rganr td prepare its statement; statement at retained earnings. and balance sheet. Pat was rel undertake this task due tcu a lack df adequate training. but. agreed tn if sdrner: examine the want in detail and provide useful suggestiens fer irnprnverne wrls is feund helw. Prepare EDI'l'EIL'IId nancial SttEl'l'lEl'ltS in the WDrkSi'lE'Et tah. FAT MDRGAH'S lncnme Statement December 31. EDIE Het Inceme Services to custdrners ### Expenses Dividends $ 13.5 Rent 11. 25.5w Revenues iii PAT MDHGAH'S Statement of Retained Earnings Fur the "I'ear Endin - December 31. 21111 Beginning retained earnings $ 45.DDD Plus: Net inceme M ### Less: Capital stack M Ending retained earnings #3; PAT MDHGAH'S Equatiun Sheet December 31.. 21111 hauls Cash 3; same Acccuunts receivable amen Eguipme nt M Tetal assets iii Liablllties Accnunts payable 5.. ?,S Wages expense gm 11':-ta| expenses Eli TLSDD Stuckhclders' IL-tluilrgr hldtes pavahle $ 30,100 Retained earnings m