Financial Statements The following are the amounts of the assets and liabilities of Journey Travel Agency at December 31, 2018, the end of the year, and its revenue and expenses for the year follow. The retained earnings were $48,620 on January 1, 2018, the beginning of the year. During the year, dividends of $26,300 were paid. Accounts payable $16,900 Accounts receivable 55,480 Cash 182,640 Common stock 15,000 Fees earned 639,700 Land 50,000 Miscellaneous expense 5,100 Rent expense 85,080 Supplies 7,870 Supplies expense 13,610 Utilities expense 51,050 Wages expense 243,090 Required: 1. Prepare an income statement for the year ended December 31, 2018. Journey Travel Agency Income Statement For the Year Ended December 31, 2018 Expenses: Total expenses 00