Foxy Investigative Services is an investigative services firm that is owned and operated by Shirley Vickers. On November 30, 20Y8, the end of the fiscal year, the accountant for Foxy Investigative Services prepared an end-of-period spreadsheet, a part of which follows: Foxy Investigative Services End-of-Period Spreadsheet For the Year Ended November 30, 20Y8 ~ Adjusted Trial Balance Account Title ~ Dr. Cr. ~ Cash ~ 28,000 Accounts Receivable ~ 71,000 Supplies ~ 4,700 Prepaid Insurance ~ 2,500 Building ~ 432,500 Accumulated Depreciation-Building ~ 44,200 Accounts Payable ~ 11,700 Salaries Payable ~ 2,500 Unearned Rent ~ 1,800 Common Stock ~ 80,000 Retained Earnings ~ 293,600 Dividends ~ 12,000 Service Fees ~ 714,800 Rent Revenue ~ 12,000 Salaries Expense ~ 526,000 Rent Expense ~ 48,000 Supplies Expense ~ 11,000 Depreciation Expense-Building ~ 7,000 Utilities Expense ~ 7,300 Repairs Expense ~ 2,800 Insurance Expense ~ 2,000 Miscellaneous Expense ~ 5,800 ~ 1,160,600 1,160,600 Required: 1. A. Prepare an income statement for the year ended November 30, 20Y8. B. Prepare a statement of stockholders equity for the year ended November 30, 20Y8. C. Prepare a balance sheet as of November 30, 20Y8. 2. Journalize the entries that were required to close the accounts at November 30, 20Y8. No additional common stock was issued during the year ended November 30, 20Y8. 3. If Retained Earnings had instead decreased $34,000 after the closing entries were posted, and the dividends remained the same, what would have been the amount of net income or net loss